On October 17th, Coinbase announced that Germany will become its regional talent center and is seeking to expand its product and service offerings throughout Europe. Over the next two weeks, Coinbase will be launching a series of operational and personnel announcements in major markets across Europe, including Ireland, the Benelux Economic Union and the Nordics, Spain, and Italy. Coinbase stated that in 2021, it obtained a BaFin cryptocurrency license, and since then, its German office has been growing steadily, with the number of employees more than doubling in the past 12 months.