Bitcoin Exchange Coinbase Expands to Europe! Authorized to Provide Service in 27 Countries! Here Are the Details

Cryptocurrency exchange Coinbase announced that it has been granted a license from Luxembourg under the European Union’s new crypto asset regulation MiCA, authorizing it to provide services in all 27 EU member states. Coinbase Receives MiCA License from Luxembourg to Expand Presence in Europe The company announced on Friday that it has been licensed by the Luxembourg Commission for Financial Sector Supervision (CSSF) and has officially established its European headquarters in Luxembourg. “Over the last few years, we have worked closely with regulators across Europe, securing licences in Germany, France, Ireland, Italy, the Netherlands and Spain. “Now, with MiCA, we are bringing these efforts together under one roof, giving millions of Europeans access to regulated, reliable and secure crypto services,” the company said in a statement. What is MiCA? The Crypto-Asset Markets Regulation (MiCA) aims to simplify compliance processes and increase consumer protection by creating a single legal framework for crypto-asset service providers across the European Union. MiCA entered into force by the end of 2024 and is binding across the EU. Following Coinbase, other major crypto platforms are also drawing attention by making moves to strengthen their positions in Europe. According to Reuters, Gemini, owned by the Winklevoss brothers, is in the final stages of the process of obtaining a MiCA licence through Malta. The company had applied in January 2025. Similarly, another major exchange, OKX, has chosen Malta as its MiCA headquarters. This strategic move by Coinbase reflects both the fierce competition in the European market and the desire of crypto firms to position themselves more strongly in jurisdictions with regulatory clarity. *This is not investment advice. Continue Reading: Bitcoin Exchange Coinbase Expands to Europe! Authorized to Provide Service in 27 Countries! Here Are the Details

Source: BitcoinSistemi