Coinbase Receives EU MiCA License and Moves Headquarters to Luxembourg
Coinbase has received its Markets in Crypto Assets (MiCA) license from the Luxembourg Commission de Surveillance du Secteur Financier (CSSF). This allows Coinbase to offer its crypto services across all 27 EU member states.
Additionally, Coinbase is moving its European hub from Ireland to Luxembourg to leverage the favorable regulatory environment for digital innovation.
Key Details of MiCA License Acquisition
- Coinbase announced the MiCA license on June 20, 2025.
- The license enables operations under a unified regulatory framework serving 450 million EU residents.
- Coinbase can now consolidate regulatory efforts across Germany, France, Ireland, Italy, the Netherlands, and Spain.
- Luxembourg has passed four DLT-focused bills into law, emphasizing its leadership in blockchain policy.
- Coinbase aims to enhance crypto adoption in Europe.
Market Reaction
Following the announcement, Coinbase's stock price increased by 3.97%, trading at $307 per share.
Emerging Trends
While Coinbase expands its reach, projects like Best Wallet ($BEST) are gaining traction among Web3 users seeking secure solutions. Best Wallet is engaging early investors with features like:
- Multi-chain support
- Staking via an in-app aggregator
- Reduced transaction fees and higher APY rewards for staking deposits
Best Wallet's presale is ongoing, with over $13.4 million raised at a current price of $0.025205.