Coinbase is actively exploring opportunities within regions where regulatory frameworks for the cryptocurrency industry are well-defined. In the near future, its primary focus will be on the EU, U.K., Canada, Brazil, Singapore, and Australia.
The global standard-setters also cautioned that stablecoins adopted by multiple jurisdictions could potentially transmit volatility in a more abrupt manner than other cryptocurrencies.
The payments behemoth has been open about its necessity to halt and confiscate cryptocurrency accounts that breach its terms of service. However, does this truly qualify as genuine cryptocurrency involvement?
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