Coinbase secures MiCA licence: „a milestone in Europe’s crypto evolution”

Coinbase has secured its Markets in Crypto Assets (MiCA) licence from the Luxembourg Commission de Surveillance du Secteur Financier (CSSF), enabling company to offer its full suite of crypto products to all 27 EU member states.

„This milestone marks a significant step and enables us to operate under a unified, regulated crypto environment in one of the largest economic regions in the world, while solidifying Coinbase’s position as a global leader in regulatory compliance and innovation. In short, this milestone enables us to offer a full suite of crypto products and services to 450 million people across all 27 European Union member states.” – according to the press release. 

„By choosing Luxembourg, we’re positioning ourselves in a jurisdiction that understands the needs of the crypto industry and excels in regulatory clarity. Luxembourg is actively pursuing a whole-of-government approach to blockchain and DLT, and has passed four blockchain-related policies through the national legislature. This new hub represents a landmark step forward for Coinbase in Europe and strengthens the broader innovation ecosystem.” – the company said. 

Over the past few years, Coinbase has worked closely with regulators across Europe, securing licences in Germany, France, Ireland, Italy, The Netherlands and Spain. „Now, with MiCA, we’re uniting these efforts under a single framework, enabling millions of Europeans to access regulated, trusted, and secure crypto services.” 

While MiCA lays the foundation for a thriving crypto ecosystem, it’s equally important that policymakers continue to drive swift and ambitious initiatives to maintain Europe’s competitive edge on the global stage. The CSSF has set a high standard, and Coinbase hope to see this spirit replicated across the region.