Coinbase Global Inc. has renewed its focus to Europe in attempt to boost users and revenue growth after it laid off 1,000 of predominately US-based staff.
The US crypto giant is looking to expand its presence Europe and register operations in Spain, Italy, France, the Netherlands and Switzerland. Nana Murugesan, Coinbase’s vice president of business development and international confirmed this in an interview from London.
The crypto exchange is already registered in the UK, Ireland and Germany and according to Murugesan, has already hired its first employee in Switzerland.
