Coinbase obtains Australian financial license, plans to expand stock trading and payment services

Golden Finance reported that on April 8, Coinbase said that after obtaining an Australian financial services license, it will expand its business locally into the stock trading and payments sectors. The company said it has obtained the Australian Financial Services License (AFSL) issued by the Australian Securities and Investments Commission (ASIC), covering retail derivatives authorization, and stated that it is the first crypto exchange to receive such approval directly from that regulator.

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