Coinbase has acquired BUX Europe Limited, a Cyprus-based MiFID-licensed entity, as part of its European expansion strategy and renamed it Coinbase Financial Services Europe. The acquisition secures Coinbase a Cyprus Investment Firm (CIF) license, enabling it to offer CFDs (Contract for Difference) and other financial products across the European Economic Area, focusing on institutional clients. While the platform is not yet operational, the move signals Coinbase’s intent to enter the competitive European derivatives market.
Coinbase Acquires BUX’s Cyprus Unit for European Expansion
