The company is in the process of expanding in France, Italy, Spain and the Netherlands, it said in a blog post, adding that it was aiming to launch its retail, institutional and developer products in all those markets. (https://bit.ly/3ugNHoa)

In June, Coinbase slashed 1,100 jobs, constituting nearly 18% of its workforce.

(Reporting by Niket Nishant in Bengaluru; Editing by Shailesh Kuber)