A crypto exchange Coinbase is mulling a new office in Ireland’s capital city of Dublin. This is another step toward the company’s global expansion plans.
A final decision regarding Ireland has not yet been made, although Coinbase officials confirm that the company is examining the local market. Acquiring the necessary knowledge is pertinent prior to making any major decisions. With the help of IDA Ireland, Coinbase will be able to gauge the market and regulatory conditions accordingly. Ireland has, just like most other countries, no active Bitcoin regulation at this time.
The final decision seems to be rendered soon. Coinbase is in the process of hiring staff for key positions pertaining to this new office. Jobs to be filled include customer support, compliance officer, and so forth.
Coinbase has shown a strong desire to expand on a global scale. Since its successful Series D funding in 2017, expansion has been the top priority for the firm. Thanks to key acquisitions across numerous industries, the exchange is paving the way for a better future.