Coinbase Secures Crypto Asset Service Provider Approval in Italy

Coinbase announced that it has secured approval from Italian regulators, the Organismo Agenti e Mediatori (OAM), to register as a Crypto Asset Service Provider in the country. Coinbase said that, by meeting the regulatory requirements, Coinbase will continue to offer crypto services in Italy, and its goal is to grow the customer base by launching the Coinbase suite of retail, institutional, and ecosystem products.