Coinbase Gives Institutional Customers Access to More Fiat Trading Pairs

Coinbase has started offering institutional customers access to more trading pairs and payments options through fiat currencies, the cryptocurrency exchange said Friday.

  • In a blog post, Coinbase said clients had been limited to purchasing crypto in their local currency only, but can now make deposits and withdrawals in USD, EUR or GBP.
  • The exchange said it expanded the range of supported currencies following demand from international clients.
  • On Monday, the exchange received a crypto custody license from Germany’s Financial Supervisory Authority (BaFin), allowing it to continue serving the German market.