Coinbase, the largest cryptocurrency exchange in the U.S., announced on the 7th (local time) through its official blog that it has obtained an investment services license compliant with the UK's Markets in Financial Instruments Directive (MiFID). Accordingly, Coinbase can legally offer not only cryptocurrencies but also derivatives and stock trading in the UK. In this regard, Coinbase explained, "The boundaries between cryptocurrency and traditional finance are rapidly disappearing. The reason we decided to expand our investment in the UK is because it has a market of significant value."