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Ripple Board Member Hints Coinbase’s Next Move

Coinbase, the largest cryptocurrency exchange in the United States, has won the first legal round against the Securities and Exchange Commission (SEC) to achieve regulatory clarity around digital asset trading. Amid this win, Coinbase has announced the launch of an international exchange offering Bitcoin and Ethereum perpetual futures. Asheesh Birla, a board member at Ripple, has hinted that Coinbase is transitioning from a crypto exchange to a crypto-enabled banking service, with a mission to build a more fair, efficient, accessible, and transparent financial system for digital assets. Coinbase has also stated its dedication to partnering with high bar regulators across US and non-US jurisdictions to update the financial system.

(By Ashish Kumar)

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