// BEGIN ENQUEUE PARENT ACTION // AUTO GENERATED - Do not modify or remove comment markers above or below: if ( !function_exists( 'chld_thm_cfg_locale_css' ) ): function chld_thm_cfg_locale_css( $uri ){ if ( empty( $uri ) && is_rtl() && file_exists( get_template_directory() . '/rtl.css' ) ) $uri = get_template_directory_uri() . '/rtl.css'; return $uri; } endif; add_filter( 'locale_stylesheet_uri', 'chld_thm_cfg_locale_css' ); if ( !function_exists( 'chld_thm_cfg_parent_css' ) ): function chld_thm_cfg_parent_css() { wp_enqueue_style( 'chld_thm_cfg_parent', trailingslashit( get_template_directory_uri() ) . 'style.css', array( 'font-awesome-v5','bootstrap','sidr','magnific-popup','sliderpro' ) ); wp_enqueue_script('custom-script', get_stylesheet_directory_uri() . '/custom-script.js', array('jquery')); } endif; add_action( 'wp_enqueue_scripts', 'chld_thm_cfg_parent_css', 10 ); // END ENQUEUE PARENT ACTION add_action( 'admin_enqueue_scripts', 'my_cfg_admin_enqueue' ); function my_cfg_admin_enqueue(){ wp_enqueue_script('custom-script', get_stylesheet_directory_uri() . '/custom-script.js', array('jquery')); wp_enqueue_style('style-cfg-child', get_stylesheet_uri(), array(), "4.2"); } add_action( 'after_setup_theme', 'remove_plugin_image_sizes', 999 ); function remove_plugin_image_sizes(){ remove_image_size( '2048x2048' ); remove_image_size( '1536x1536' ); remove_image_size( 'large' ); } function action_dynamic_sidebar_after( $array ) { if($array == "home-content-widgets") { echo the_content(); } }; add_action( 'dynamic_sidebar_after', 'action_dynamic_sidebar_after', 10, 1 ); add_action( 'trashed_post', 'mtp_delete_attached_thumbnail_for_trashed_product', 20, 1 ); function mtp_delete_attached_thumbnail_for_trashed_product( $post_id ) { // gets ID of post being trashed $post_type = get_post_type( $post_id ); // does not run on other post types if ( $post_type != 'post' ) { return true; } // get ID of featured image $post_thumbnail_id = get_post_thumbnail_id( $post_id ); // delete featured image wp_delete_attachment( $post_thumbnail_id, true ); }/** * The header for our theme * * This is the template that displays all of the section and everything up until
* * @link https://developer.wordpress.org/themes/basics/template-files/#template-partials * * @package CoverNews */ ?> Coinbase plans major expansion in countries with “clear crypto rules” – CoinsMegaNews

Coinbase plans major expansion in countries with “clear crypto rules”

2 years ago CryptoExpert
Coinbase plans major expansion in countries with “clear crypto rules”

[ad_1]

Coinbase targets expansion across the EU, UK, Brazil and Singapore among other jurisdictions with clear regulatory trajectory.
The exchange also has plans for major partnerships with banking providers and seeks to expand its products and services, including derivatives.

Coinbase, the leading US-based cryptocurrency exchange, has announced plans for its second phase international expansion, with targeted markets including the EU, UK, Australia, Brazil, Canada and Singapore.

The crypto company said in a blog announcement that the near-term priority is to acquire licenses in the highlighted countries and regions, with these jurisdictions said to have shown increased regulatory clarity for the crypto sector.

Coinbase targets countries with a clear regulatory path

According to a senior Coinbase exec, the fresh push for international expansion is part of the exchange’s plans to operationalize a strategy based on regulation, innovation and user trust. The exchange says 83% of G20 members and top tier financial jurisdictions are moving forward with clear rules for crypto, while the US lags behind.

“We see the enactment of clear rules; innovation of more efficient, more accessible products and services; and user trust created through these products and services as our formula for long-term growth,” said Nana Murugesan, VP of International and Business Development at Coinbase.

The steps make up “Phase II” of the Nasdaq-listed company’s “Go Broad, Go Deep” strategy that seeks to diversify business even as the exchange keeps pace with developments in the regulatory landscape. This builds on the success seen in the past six months, a timeline that had the EU, UK and the others show remarkable pace in enacting clear crypto rules. Coinbase is indeed finalizing its selection of where to locate its MiCA hub within the EU.

“We will start keeping a scorecard on the regulatory progress with crypto in each of these countries and jurisdictions. Brazil taking the G20 chair in December 2023 presents a significant opportunity to maintain and help direct this momentum,” the crypto exchange behemoth noted.

As well as seeking regulatory approval and instituting compliance with the Travel Rule (where applicable), the exchange will expand its products and services, including derivatives. Other developments include striking of new partnerships with banks and payment providers to help expand access to on- and off-ramps.

The US Securities and Exchange Commission (SEC) sued Coinbase in June, alleging that the company was operating an unregistered broker. The company has vowed to aggressively defend itself against the SEC.

Share this articleCategoriesTags



[ad_2]

Source link

More Stories

Bank of Russia Supports Cryptocurrency Usage for International Settlements

Bank of Russia Supports Cryptocurrency Usage for International Settlements

1 year ago CryptoExpert
IMF Urges Ukraine to Finalize Crypto Legislation, Government Official Reveals

IMF Urges Ukraine to Finalize Crypto Legislation, Government Official Reveals

1 year ago CryptoExpert
South Korea to Unveil Guidelines Barring the Listing of Hacked Coins

South Korea to Unveil Guidelines Barring the Listing of Hacked Coins

1 year ago CryptoExpert
Uniswap Labs Receives SEC Wells Notice, Founder Vows to Fight

Uniswap Labs Receives SEC Wells Notice, Founder Vows to Fight

1 year ago CryptoExpert
Lawmaker Highlights 2 Bills to Make US a Crypto Leader — Says Bitcoin Is ‘Unstoppable’

Lawmaker Highlights 2 Bills to Make US a Crypto Leader — Says Bitcoin Is ‘Unstoppable’

1 year ago CryptoExpert
Vaneck CEO Expects SEC to Reject Spot Ethereum ETF Applications in May

Vaneck CEO Expects SEC to Reject Spot Ethereum ETF Applications in May

1 year ago CryptoExpert

Leave a Reply

Your email address will not be published. Required fields are marked *

/** * The template for displaying the footer * * Contains the closing of the #content div and all content after. * * @link https://developer.wordpress.org/themes/basics/template-files/#template-partials * * @package CoverNews */ ?>

You may have missed

Online Gambling Establishment Real Money: A Comprehensive Overview to Winning Large

3 days ago xtw18387208b

How to Deposit at Online Gambling Establishments Using Neteller

3 days ago xtw18387208b

Free Online Slots No Download: The Ultimate Guide

3 days ago xtw18387208b

The Best Places to Play Casino Games Online

3 days ago xtw18387208b