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TechFlow news, according to Finance Magnates, Coinbase has acquired BUX's (formerly Stryk) Cyprus subsidiary and renamed the entity Coinbase Financial Services Europe. Through this acquisition, Coinbase now holds a Cyprus Investment Firm (CIF) license, which authorizes it to offer Contracts for Difference (CFD) products and provide financial products to other European Economic Area (EEA) member states.
According to Finance Magnates, Coinbase has acquired BUX's (formerly Stryk) Cyprus subsidiary and renamed the entity Coinbase Financial Services Europe. Through this acquisition, Coinbase now holds a Cyprus Investment Firm (CIF) license, which authorizes it to offer contracts for difference (CFD) products and provide financial services to other European Economic Area (EEA) member states.
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