🚀 Big news in the crypto world! Coinbase has acquired the Cyprus unit of BUX, rebranding it as Coinbase Financial Services Europe. This move grants Coinbase a Cyprus Investment Firm license, allowing them to offer contracts for differences (CFDs) across the European Economic Area.

- CFDs let traders speculate on asset prices without owning them.

- The license can be "passported" across EEA countries, expanding Coinbase's reach.

What do you think about Coinbase's strategic expansion in Europe? Share your thoughts below! 👇