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Coinbase is introducing spot cryptocurrency trading on its international exchange, marking a significant step towards its global expansion strategy.  Starting Dec. 14th, institutional traders can engage in Bitcoin (BTC) and Ether (ETH) transactions, paired with the USDC stablecoin. Greg Tusar, who leads institutional product development at Coinbase, emphasized the strategic importance of offering both spot and derivatives trading concurrently in an interview with Bloomberg.  We are excited to announce the next phase of our Coinbase International Exchange expansion – the launch of non-US spot markets for eligible customers, designed to address the unique needs and demands of our global user base. pic.twitter.com/JWEChT5BDa — Coinbase ️ (@coinbase) December 13, 2023 You might also like: Will Bitcoin ETFs follow gold ETFs’ path to success? Coinbase’s expansion arrives when the SEC is actively pursuing legal action against the firm. The SEC alleges tha...

"We are very sorry for the concern and inconvenience caused to our customers due to the suspension of our services," the exchange wrote. According to a press release on Feb. 20, FTX Japan, the Japanese subsidiary of troubled cryptocurrency exchange FTX, announced that the withdraw al of users' fiat currency and crypto assets would commence via the Liquid Japan web platform at 12:00 p.m. on Feb. 21.  In Nov. 2022, FTX Japan halted operations after its parent firm, FTX, filed for bankruptcy along with its 134 subsidiaries, freezing the assets of an estimated nine million customers and billions of dollars locked in legal proceedings. Per FTX Japan, customers who have assets in their accounts would need to confirm their balance and transfer them to their Liquid Japan account. Liquid Japan is a licensed Japanese crypto-asset exchange that was acquired by FTX in April 2022. FTX Japan customers who do not have a Liquid Japan account are required to open one before receiving ...