Coinbase Terminates BVNK Acquisition Deal: Crypto Exchange Shifts Strategy

Major cryptocurrency exchange Coinbase has discontinued negotiations to acquire U.K.-based payment platform BVNK, according to Fortune reports. The breakdown in acquisition talks signals a strategic pivot for Coinbase as it reevaluates its expansion initiatives in the European payments infrastructure market. This development highlights the evolving landscape of crypto-financial integrations and corporate consolidation within the blockchain sector.