Coinbase Acquires Cyprus Subsidiary of BUX: Report - Crypto News
3 days ago · Coinbase expanded its presence in Europe on Friday with the acquisition of BUX Europe Limited (BEU), a Cyprus-based subsidiary of BUX, according to a report by Finance Magnates. Source: Cyprus Securities and Exchange Commission The rebranded entity, now called Coinbase Financial Services Europe, is listed on the Cyprus Securities and Exchange Commission (CySEC) registry, as shown in a ...
Coinbase acquires BUX’s Cyprus unit as part of European expansion
2 hours ago · Coinbase, a US-listed cryptocurrency exchange, has acquired the Cyprus-based unit of BUX, rebranding it as Coinbase Financial Services Europe. The acquisition secures a Cyprus Investment Firm licence, enabling Coinbase to offer contracts for differences and passport its services across European Economic Area member states.
Coinbase Acquires BUX Cyprus Subsidiary for CFDs License
2 days ago · BUX confirms the sale of BUX Europe Limited (BEU) to Coinbase, and CEO Yorick Naeff said it was an important step for the company. It has a reputation as a go-to company in the crypto industry, he ...
Coinbase acquires BUX’s Cyprus unit in MiCA-friendly European …
2 days ago · Coinbase, the US-listed cryptocurrency exchange, has acquired the Cyprus-based unit of BUX, rebranding it as Coinbase Financial Services Europe. This acquisition secures a Cyprus Investment Firm license, enabling Coinbase to offer contracts for differences and passport its services across European Economic Area member states.
Coinbase Expands In Europe With BUX Cyprus Acquisition
3 days ago · BUX, which is based in the Netherlands, had first moved its Cyprus-based clients over to AvaTrade, a CFD broker, before establishing the sale to Coinbase. BUX’s CEO Yorick Naeff said that the deal is in line with the company’s strategic direction and focus on shares and ETFs, which were acquired by ABN AMRO BANK last year.
Coinbase gains key license to offer derivatives in Europe through ...
2 days ago · Coinbase in October acquired the Cyprus unit of European brokerage Bux, securing an EU MiFID II license that will allow the company to expand its derivatives offerings to select EU countries. ... Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority ...
Coinbase expands in Europe with acquisition of BUX Cyprus …
3 days ago · Coinbase bought BUX’s Cyprus unit and renamed it Coinbase Financial Services Europe to expand in the continent. The deal gives Coinbase a Cyprus Investment Firm license to offer CFDs and serve professional clients across the EEA. BUX’s clients were already moved to AvaTrade, so Coinbase focused on the license and infrastructure, not customers.
Coinbase Expands in Europe with BUX Cyprus Acquisition
3 days ago · Coinbase, the leading U.S.-listed cryptocurrency exchange, has made a major move to strengthen its presence in Europe by acquiring the Cyprus unit of BUX (formerly known as Stryk). The acquisition, completed in October 2024, rebrands the entity as Coinbase Financial Services Europe.
Coinbase Global, Inc. acquired BUX Europe Limited from Bux …
3 days ago · The acquisition appears to center on Coinbase?s interest in securing the operational infrastructure and regulatory approvals, rather than continuing with the previous client base of BUX. Coinbase Global, Inc. (NasdaqGS:COIN) completed the acquisition of BUX Europe Limited from Bux Technology B.V. on October 31, 2024.
Coinbase Obtains License to Provide Derivatives in Europe via ...
1 day ago · Digital assets exchange Coinbase (NASDAQ:COIN) has acquired a license to provide derivatives in European markets via the recently announced acquisition of Bux‘s Cyprus division. Digital currency ...
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