Coinbase Expands in Europe with MiCA License
Coinbase, a leading cryptocurrency exchange, has obtained a MiCA license in Luxembourg. This allows it to provide comprehensive crypto services throughout all 27 EU member countries. Having previously established licenses in Germany, France, Ireland, Italy, the Netherlands, and Spain, Coinbase is now centralizing its operations under MiCA—offering safe and regulated services to millions of European users. MiCA provides a coherent regulatory framework for crypto assets across the EU. Additionally, other exchanges like Gemini and OKX are also pursuing MiCA licenses in Malta.
FAQ
❓ What is a MiCA license?
A MiCA license is a regulatory framework for the crypto assets industry established by the EU to ensure harmonized rules across all member states.
❓ Why did Coinbase choose Luxembourg for its license?
Luxembourg was chosen due to its favorable regulatory environment and because it allows Coinbase to operate efficiently across Europe.
❓ Which other companies are seeking MiCA licenses?
Companies like Gemini and OKX are also seeking MiCA licenses, specifically in Malta.