Crypto Exchange Coinbase Is Opening an Office in Dublin

Crypto exchange Coinbase is launching in a new office in the capital of Ireland.

Coinbase vice president of operations and technology Tina Bhatnagar announced late Monday that the exchange is opening a new office in Dublin, Ireland in response to customer growth in the EU. What’s more, it’s a helpful backstop against the looming exit of the U.K. from the European Union, known as Brexit.

“It is also a plan B for Brexit. As we plan for all eventualities, it’s important that we continue servicing our customers across Europe, and Ireland would be our preferred choice there if it comes to it,” Zeeshan Feroz, who leads Coinbase’s U.K. efforts, told The Guardian.

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