Quote from: BlueStackz on October 17, 2018, 07:00:18 AM

Quote from: oksgvardukraine2018 on October 16, 2018, 09:15:28 AM

Planning for Brexit: Crypto Exchange Giant Coinbase Opens Office in Ireland

Cryptocurrency exchange Coinbase has opened a new office in Dublin to mark its latest expansion into Ireland as a marked effort to plan for all eventualities for Brexit, according to a top Coinbase executive.

In an announcement on Monday, San Francisco-based cryptocurrency exchange Coinbase the industrys first unicorn said Dublin was the clear choice in its ongoing expansion effort. The new office in Dublin will compliment Coinbases existing operations in London, the base for its EU operations.

Irelands minister for financial services and insurance Michael DArcy stated:

I am delighted that Coinbase is opening an office in Dublin. This decision highlights the completive offering and attractiveness of Ireland for financial services.
https://www.ccn.com/planning-for-brexit-crypto-exchange-giant-coinbase-opens-office-in-ireland/

It seems that Ireland is becoming attractive for financial services.

They are really getting global now. Apple had a place there as well and I am sure google is big there as well, financial world wise ireland is a clear choice because they are both right there in britian with huge countries and world power status and they provide great taxes for big companies and very lax laws regarding financial institutions. So coinbase getting bigger to ireland and getting much better valuation because of it means a lot to them.

That is important to them because almost all startups in our world works towards that inevitable "exit", they want to value as much as possible as soon as possible so that when they are huge they can get an offer from bigger companies like google or facebook or whatever and sell their company to them and make a ton of money. Now considering coinbase is already huge, they may not even go for that, they may go for being the big in crypto world.

coinbase will sell their company, but no one in the world willing to pay the price. coinbase grow too big.