Coinbase Goes Global with Launch of International Crypto Exchange and Derivatives Platform.

Coinbase has launched its global platform, Coinbase International Exchange (CIE), which offers crypto derivatives trading to institutional investors in eligible jurisdictions outside the United States. While some members of the crypto community celebrated the move, others expressed frustration towards U.S. regulators, particularly the SEC, for their perceived over-regulation of the industry. Coinbase has been preparing for this move since March, as U.S. regulators took aim at crypto firms for their perceived roles in bank collapses.