Coinbase Global Inc (NASDAQ:COIN) shares are trading higher Thursday. Here’s a look at what’s going on.
What To Know: Coinbase shares appear to be getting a lift from new reports indicating the company has secured a restricted dealer license in Canada.
Coinbase reportedly told CNBC that it has been granted a registration license in Canada and has been registered in Ontario as a restricted dealer under the Canadian Securities Administrators (CSA).
The authorization means the company now meets the strict requirements of Canadian regulators and can operate legally in the country. Coinbase reportedly said it is the first international crypto exchange ...