🚀 Coinbase is making waves in Europe! They've acquired BUX's parent company in Cyprus, rebranding it as Coinbase Financial Services Europe. This strategic move is seen as a step towards dominating the European Economic Area (EEA). 🌍

With a Cyprus Investment Firm (CIF) license, Coinbase is eyeing institutional investors, not retail traders. Their focus is on hedge funds and big-money players. This aligns with their ongoing efforts to secure licenses across Europe since 2018. Exciting times ahead for the crypto giant as they expand their European footprint!