Coinbase Secures MiCA License, Expanding Crypto Services Across EU

In brief

  • Coinbase has obtained a MiCA license via Luxembourg.
  • The license enables Coinbase to offer crypto services across all 27 EU countries.
  • It follows similar efforts by Gemini, OKX and Crypto.com to get regulated in Europe.

Coinbase has secured regulatory approval to operate across the European Union under the Markets in Crypto Assets framework, the company announced Friday.

The license, granted by Luxembourg’s financial authorities, allows Coinbase to provide crypto services across all 27 EU member states.

Its announcement confirms weeks of speculation that Coinbase, alongside rival exchange Gemini, was preparing to register under MiCA.

Coinbase said Luxembourg was chosen due to its “whole-of-government” approach to blockchain and…

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