# COINBASE

By [Priyanshu](https://paragraph.com/@priyanshu-2) · 2023-04-22

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✅ Coinbase Exchange Offshoring Strategy Picks Up Steam With Bermuda License, Abu Dhabi on Agenda Too

✳️ Source: Adobe / Rafael Henrique

Coinbase Global Inc, a major U.S. crypto exchange, has secured a license to operate in Bermuda as part of a larger push for global expansion.

This move comes amidst increasing regulatory pressure on crypto firms in the United States.

Bermuda License Marks Offshoring Efforts

Coinbase has obtained a Class F…

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*Originally published on [Priyanshu](https://paragraph.com/@priyanshu-2/coinbase-2)*