Venmo and Stripe Ramp Up on Crypto While Coinbase and Gemini Look Offshore
The Breakdown
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Coinbase Launches International Derivatives Exchange
Coinbase and Gemini both launched derivatives exchanges on Tuesday. The exchange will be available across 30 jurisdictions including Hong Kong, Singapore and several popular homes for offshore finance like the British Virgin Islands and the Cayman Islands. Retail customers will not be granted access to the exchange but Coinbase plans to expand their offering to quote non US professional investors and advanced retail users in eligible countries. It's no way to live and it's certainly no way to run a country. And I genuinely believe dynamic thoughtful debate will prevail.
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