Cryptocurrencies

Crypto Exchange Coinbase Plans Expansion With Japanese Office

  • Former Morgan Stanley investment banker will lead operation
  • Exchange is in active talks with Japanese regulators

Photographer: Kiyoshi Ota/Bloomberg

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Coinbase Inc., one of the largest U.S. digital-currency exchanges, is expanding into one of the world’s hottest crypto markets.

The San Francisco-based company, which operates in 32 countries, is opening an office in Japan as it seeks to further broaden its influence beyond the U.S. Nao Kitazawa, a former investment banker at Morgan Stanley, will be chief executive officer of the new branch.