Just a day after disclosing its possible relocation, Coinbase, the largest crypto exchange in the United States, announced its latest achievement of acquiring a Class F license from the Bermuda Monetary Authority (BME) under the Digital Asset Business Act. This raised speculation among the crypto community on how the crypto exchange is planning to cope with the current crypto regulatory scrutiny in the US aside from relocating in the region. Offshore Exchange To Be Launched Sooner Than Expected Following the obtained license, Coinbase is said to be launching an offshore derivatives exchange platform as soon as next week. The offshore exchange will allow for the trading of perpetual swaps tied to cryptocurrencies. According to the report, the Class F license granted to Coinbase enables the company to engage in various activities, including the sales and issuance of tokens. Additionally, it grants permission for Coinbase to function as a digital asset exchange, as well as a provid
