Coinbase Secures European Union MiCA License from Luxembourg
Coinbase has obtained a Markets in Crypto Assets (MiCA) license from Luxembourg, enabling it to operate across 30 countries in the European Economic Area. This makes Coinbase the fifth-largest crypto exchange by volume.
Key points:
- Coinbase joins other major exchanges with MiCA licenses, including Bybit, OKX, and Crypto.com.
- The MiCA license allows access to all EU nations, Iceland, Liechtenstein, and Norway.
- Luxembourg is recognized for its contributions to Europe's financial ecosystem and has implemented four blockchain-related policies.