23-6-2025 – Coinbase, the prominent cryptocurrency exchange, has clinched a MiCA licence from Luxembourg’s Commission de Surveillance du Secteur Financier. This pivotal achievement, announced on Friday, anoints Luxembourg as Coinbase’s European nexus, empowering the platform to unfurl its comprehensive suite of crypto services across all 27 European Union nations.
The licence marks a culmination of years of diligent collaboration with regulatory bodies, with Coinbase already holding licences in Germany, France, Ireland, Italy, the Netherlands, and Spain. The exchange heralded the MiCA framework as a unifying force, enabling it to deliver secure, regulated, and trusted crypto offerings to millions of Europeans.
The Markets in Crypto-Assets (MiCA) regulation, which took full effect at the close of 2024, lays down a robust blueprint for governing digital assets across the EU’s trading bloc, fostering clarity and consistency. Coinbase’s strategic embrace of this framework underscores its commitment to compliance and innovation in equal measure. Meanwhile, the competitive landscape is heating up, with Gemini, the crypto exchange steered by the Winklevoss twins, nearing the finish line for its own MiCA licence in Malta, as reported by Reuters.
Having lodged its application in January 2025, Gemini is poised to join the ranks of regulated platforms. Not to be outdone, OKX has also pinned Malta as its MiCA hub, signalling a broader rush among global exchanges to align with Europe’s rigorous standards.
