Coinbase Adds Cross-Border Wire Transfers for Whales in Europe and Asia

Crypto exchange Coinbase is launching cross-border wire transfers for institutional clients in Asia, the U.K. and Europe.

Coinbase said in an announcement Tuesday that, for clients in countries where fiat payments rails aren’t yet available, the firm will now support inbound and outbound SWIFT transfers from non-US bank accounts.

It added:

“This new feature will allow Coinbase customers in many countries throughout Asia and EMEA to access Coinbase’s deep pool of crypto liquidity for the first time.”

Simultaneously, the firm said it will offer new OTC trading desks for U.S. and European customers, as well as trading and custody services for large-volume clients in Asia.

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