Coinbase Gains MiCA Compliance, Anchors EU Operations in Luxembourg
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Coinbase has achieved full MiCA compliance after receiving regulatory approval from Luxembourg’s CSSF, solidifying its ability to serve the entire EU market under the bloc’s new crypto framework.
The exchange joins OKX, Crypto.com, and Bybit in securing the license, with Gemini expected to follow soon. By selecting Luxembourg as its EU headquarters, Coinbase gains access to a well-established financial hub that has enacted multiple blockchain laws since 2019.
“Luxembourg is taking a comprehensive approach to blockchain innovation,” Coinbase stated, referencing the country’s four legislative crypto policies.
Investors welcomed the news, pushing Coinbase shares up 4.95% to $309.92 in early trading.
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