Coinbase obtained permission from the Abu Dhabi Financial Services Regulatory Authority to establish an international monetization asset centre

Coinbase has been licensed by the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Marketplace (ADM) to establish an international monetization asset centre locally. The licence allows Coinbase to arrange investment transactions and to host tokenized securities, and the company plans to launch digital securities supported by lower-end stocks and register and issue them in ADGM. The Abu Dhabi operation will be parallel to Coinbase's derivatives in Dubai as an important base for expanding markets outside the United States。