Coinbase Expands its European Presence in Dublin to Help Deal With Brexit Fears

Coinbase Expands its European Presence in Dublin to Help Deal With Brexit Fears

cryptocurrency exchange News
October 16, 2018 by Jane
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Coinbase Inc., one of the biggest U.S. cryptocurrency exchange operators, has opened a new office in Dublin, the firm said Tuesday. As Brexit uncertainty continues to push companies to create contingency plans. The company said the Dublin expansion would ensure Coinbase is viewed as a trusted and easy-to-use cryptocurrency platform in Europe. The U.S. cryptocurrency
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Coinbase Inc., one of the biggest U.S. cryptocurrency exchange operators, has opened a new office in Dublin, the firm said Tuesday. As Brexit uncertainty continues to push companies to create contingency plans.

The company said the Dublin expansion would ensure Coinbase is viewed as a trusted and easy-to-use cryptocurrency platform in Europe.

The U.S. cryptocurrency exchange operator was founded in 2012 and used to have just one office in London to serve its European Union users. “The number of Coinbase customers in the European Union (EU) grew faster than any other market in 2017.”

Speaking to Forbes, Coinbase executive Zeeshan Feroz said that the expansion ‘signals Coinbase’s growing presence in Europe and will complement the operations of our London hub, which will remain our European headquarters,” for the exchange, which is ultimately based in the US.

“Our Dublin office signals Coinbase’s growing presence in Europe and will complement the operations of our London hub, which will remain our European headquarters,” said Zeeshan Feroz, UK chief executive of Coinbase.

“We explored a variety of cities across the EU, and Dublin was a clear choice. Our new office will help us tap into the city’s diverse talent pool and long-standing support for technological innovation, including a burgeoning cryptocurrency economy.”

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