U.S. crypto exchange Coinbase wins regulatory nod in Italy

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U.S. crypto exchange Coinbase wins regulatory nod in Italy
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Coinbase has met requirements from the Organismo Agenti e Mediatori, which oversees financial agents and credit brokers in Italy and implements anti-money laundering controls

Major U.S. crypto exchange Coinbase Global Inc has won approval from Italian regulators to continue to serve customers in Italy, it said in a blog on Monday.

Financial watchdogs across the world are grappling with how to regulate the crypto market, which remains subject to patchy rules. Consumer protection, threats to financial stability and illicit usage of digital coins are among the top issues on regulators’ agendas.

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