On June 28, 2025, TIME included Coinbase in its annual TIME 100 Most Influential Companies list. The magazine placed the Coinbase crypto exchange in the “Disruptor” category, citing the firm’s growing role in U.S. crypto regulation and its stock performance.
According to TIME, Coinbase became the first crypto exchange stock to join the S&P 500 index in May 2025. The publication noted that the company has become a leading voice in shaping crypto policy in Washington D.C. TIME also referenced its recent price surge after the U.S. Senate passed the GENIUS stablecoin bill.
That legislative event lifted Coinbase stock from around $301 to a local high of $376 within days. The stock closed at $353.43 on June 27 and is up 17.17% over the past five trading days.
GENIUS Stablecoin Bill Triggers Coinbase Stock Surge
The U.S. Senate passed the GENIUS stablecoin bill on June 17, 2025. The bill marked a key step in federal crypto regulation, establishing rules for issuing and managing stablecoins. Following the vote, Coinbase stock rallied sharply.
The price moved from $303 to $382 per share, based on Yahoo Finance data. That was a 26% increase in under a week. The bill’s passage increased attention on Coinbase’s role in shaping federal policy and its potential positioning under future frameworks.
TIME noted that if more industry-friendly crypto regulation passes, Coinbase may play an even larger role in the U.S. crypto market.
Coinbase Gains MiCA License in Luxembourg for EU Operations
On June 20, 2025, Coinbase confirmed that it received a MiCA license to offer digital asset services in the European Union (EU). The license came from Luxembourg’s Commission de Surveillance du Secteur Financier, the country’s financial regulator.
The MiCA license allows Coinbase to operate across the 30 EEA countries under the EU’s Markets in Crypto-Assets (MiCA) law, which came into effect on January 1, 2025. The company also announced plans to set up its EU headquarters in Luxembourg.
This move supports Coinbase’s strategy to expand under clear legal frameworks. The firm now has legal approval to offer services throughout the EU under uniform compliance standards.
Coinbase Seeks SEC Approval for Tokenized Equities
In the U.S., Coinbase is also pushing into new asset classes. The crypto exchange has asked the U.S. Securities and Exchange Commission (SEC) to allow it to list and trade tokenized equities on its platform.
Tokenized equities are blockchain-based representations of traditional company shares. If allowed, this feature would make Coinbase a direct competitor to platforms like Robinhood and Webull, which support both crypto and stock trading.
The SEC has not made a decision. Coinbase has not announced a timeline for launch, but the request remains pending with the agency.
Donald Trump Speaks at Coinbase Summit, Talks Crypto Policy
U.S. President Donald Trump addressed the Coinbase State of Crypto Summit in June 2025. In a pre-recorded video message, he pledged support for building a crypto regulation framework under his administration.
“We will be working to create clear and simple market frameworks that will allow America to dominate the future of crypto and Bitcoin,”
said Trump.
The Coinbase crypto summit featured U.S. lawmakers, regulators, and blockchain industry leaders. The event focused on legal clarity, industry expansion, and the future of crypto policy in the U.S.
