Coinbase MiCA license is now the gateway for the exchange to operate across the entire European Union.
Coinbase has received regulatory approval in Luxembourg, enabling its crypto services to span all 27 EU member countries.
This landmark approval was granted by Luxembourg’s Commission de Surveillance du Secteur Financier. With it, Coinbase has established its central European hub in Luxembourg, a strategic location for crypto operations. The license stems from the new Markets in Crypto-Assets (MiCA) regulation, which was fully implemented at the end of last year.
Coinbase emphasized its ongoing cooperation with European regulators. It had previously secured licenses in Germany, France, Italy, Ireland, the Netherlands, and Spain. Now, the Coinbase MiCA license simplifies operations under one unified regulatory structure. This makes crypto trading safer and more accessible for millions across Europe.
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MiCA provides comprehensive regulatory guidelines for digital assets, ensuring transparency and trust in crypto transactions. The Coinbase MiCA license means users can expect a standardized level of service, security, and oversight regardless of their location in the EU. This Coinbase MiCA license unlocks many other opportunities and is a crucial development for expanding Web3 and decentralized finance (DeFi) in a secure and scalable manner.
Meanwhile, other exchanges are following suit. Gemini is close to finalizing its own MiCA license in Malta, while OKX has already set up a hub there. These moves underline the growing momentum behind MiCA as the foundation for Europe’s crypto future.
Coinbase MiCA license unlocks the stage for regulated crypto growth
This strategic move positions Coinbase as a leader in the regulated crypto space within Europe. The unified framework helps reduce administrative burdens while increasing consumer protection. As regulations grow clearer, both investors and developers benefit from greater stability and trust. Coinbase, founded in 2012 by Brian Armstrong, is an American crypto exchange with over 100 million users.