Crypto exchange Coinbase will begin offering its services in the Netherlands after winning approval to operate in the country, which has the fifth largest economy in the European Union.
Coinbase says they are now the first major global crypto exchange to successfully register with the Dutch Central Bank, the central bank of the Netherlands.
The achievement is part of the company’s continued expansion in countries outside of the United States.
Nana Murugesan, Coinbase’s vice president of international and business development, says the approval illustrates how the company is working to bring its cryptocurrency services under regulations to facilitate industry growth and improve public trust in the sector.
“As part of Coinbase’s ambition to be the world’s most trusted and secure crypto platform, we have taken