Coinbase Secures EU MiCA License, Expands Across 27 States
Coinbase has obtained a passported Markets in Crypto-Assets (MiCA) license from Luxembourg’s CSSF, allowing it to offer crypto trading, custody, staking and token issuance services across all 27 EU and EEA member states without separate local approvals. The exchange plans to establish a regional headquarters and operations centre in Luxembourg, leveraging its favourable legal framework and financial expertise. This EU MiCA license positions Coinbase for seamless expansion into major markets such as France, Germany and Italy, bolstering institutional confidence, reducing operational complexity and enhancing market stability. Amid ongoing US regulatory uncertainty, Coinbase’s approval may set a new standard for other exchanges seeking cross-border growth.
Bullish
Securing an EU-wide MiCA license removes regulatory barriers and broadens Coinbase’s addressable market across 27 states. In the short term, this approval is likely to drive new user onboarding and trading volume on a regulated platform, reinforcing positive sentiment. Over the long term, establishing a regional hub in Luxembourg and enhancing institutional trust could lead to sustained growth in custody and staking services. This milestone also sets a benchmark for competitors, potentially increasing market share and supporting a bullish outlook for Coinbase’s native token sentiment.