Coinbase Secures Major EU License, Opens Door to 450 Million Crypto Users

Coinbase Secures Major EU License, Opens Door to 450 Million Crypto Users

TLDR:

  • Coinbase secures MiCA license, allowing access to all 27 EU member states.
  • Luxembourg selected as Coinbase’s official European crypto operations hub.
  • MiCA framework removes need for individual national regulatory approvals.
  • Coinbase now serves up to 450 million users under a unified compliance model.

Coinbase has taken a major step in its European expansion by securing the Markets in Crypto-Assets (MiCA) license. This approval, granted by Luxembourg’s top financial regulator, allows the company to offer regulated crypto services across all 27 EU nations. 

The move is part of the exchange’s broader plan to centralize operations under the new EU crypto framework. As a result, the company will now serve a potential user base of 450 million within a single legal structure. 

This development could reshape how crypto platforms scale within Europe’s regulatory landscape.

Coinbase Gains Full Regulatory Access Across EU

According to Coinbase, the license was issued by Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF). 

With this approval, Coinbase can now operate a full suite of crypto services under a single compliance standard. The unified MiCA framework removes the need to navigate different national rules in each EU country. 

Hence, the exchange becomes one of the first major crypto firms to fully comply with MiCA’s guidelines. This could give it a competitive edge as the EU moves toward harmonized regulation.

Coinbase confirmed that it will set up its official European hub in Luxembourg. The country was selected for its strong regulatory clarity and blockchain-friendly policies. Officials in Luxembourg have already passed several laws to support digital asset growth

By choosing Luxembourg, Coinbase aligns itself with a market that has shown consistent support for financial innovation. Moreover, the decision places Coinbase at the heart of the European financial ecosystem.

Long-Term Expansion Strategy in Europe

Coinbase had already been working with several EU regulators before MiCA’s full rollout. The company holds individual licenses in countries including France, Germany, and Ireland. 

With the MiCA framework in effect, Coinbase plans to streamline these operations under one umbrella. This strategy allows for broader market reach with fewer regulatory obstacles. It also offers a uniform approach to compliance and consumer protection.

Wu Blockchain noted that this milestone gives Coinbase access to 450 million potential users under the EU’s shared market rules. Besides enabling wider service delivery, the license signals Europe’s growing role in global crypto regulation. 

 

The exchange expects the new framework to support long-term industry growth. The company also called on policymakers to maintain momentum in rolling out additional digital asset policies.

Coinbase’s MiCA license sets a new precedent for centralized crypto regulation in Europe. It also strengthens the firm’s presence as a global crypto service provider.

 

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