Coinbase has introduced a brand new regulatory milestone, revealing that the cryptocurrency trade has secured the Markets in Crypto-Property license, permitting it to supply its providers throughout the European Union.
U.S.-based Coinbase mentioned in an announcement on Friday that it had acquired the MiCA license from the Luxembourg Fee de Surveillance du Secteur Financier.
The license permits the crypto behemoth to broaden its vary of crypto merchandise to clients throughout the 27 states that make up the EU.
Moien, Lëtzebuerg. 🇱🇺
We’re happy to have secured our Markets in Crypto Property (MiCA) licence from the CSSF in Luxembourg.
We are able to now provide a full suite of crypto services to 450 million individuals throughout all 27 European Union member states. pic.twitter.com/e9zbhy35YQ
— Coinbase 🛡️ (@coinbase) June 20, 2025
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Coinbase strikes European workplace to Luxembourg
MiCA is a key improvement that sees the trade be part of different prime crypto platforms and suppliers in securing the MiCA nod. Coinbase, which unveiled its European hub in Eire in 2023, now joins OKX and Bybit amongst others in getting approval as a MiCA-compliant supplier. Luxembourg turns into Coinbase’s new EU hub.
The publicly-traded crypto firm famous:
“Luxembourg has at all times been a key participant in Europe’s monetary ecosystem, and we’re delighted to share that Coinbase is formally establishing its European crypto hub on this dynamic nation, underneath the Markets in Crypto Property regulatory framework.”
Coinbase says selecting to broaden its European presence from a base in Luxembourg aligns with the nation’s help for crypto innovation and its position as a prime monetary hub. The transfer additionally positions the crypto trade in a jurisdiction “that understands the wants of the crypto trade and excels in regulatory readability.”
Whereas the MiCA approval in Luxembourg is a serious step for Coinbase, it’s not the trade’s first regulatory win in Europe.
The corporate’s work with native regulators has already seen it safe licenses in Germany, France, Eire, Italy, the Netherlands, and Spain. Nevertheless, MiCA now offers Coinbase with a single regulatory framework throughout all these jurisdictions.
The MiCA guidelines got here into full impact in Dec. 2024, with crypto exchanges and platforms amongst these required to safe approval. Implementation noticed some platforms transfer to delist non-compliant stablecoins.
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