Coinbase, the operator of the largest cryptocurrency exchange in the US, announced on Tuesday that it was expanding its European business with a new office in Dublin, Ireland, as concerns over potential Brexit consequences are pushing the company to think about alternative strategies. Coinbase’s European business is led by the company’s London office, which might become helpless in the European Union (EU) when the UK cuts ties with the continent if there is a hard Brexit.

The Coinbase team said in its blog post that the number of platform users in the EU had grown at the fastest pace last year when compared to other regions. Thus, it is essential to secure the efficient management of t…

This article appeared first on Cryptovest

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