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Coinbase has obtained a Markets in Crypto Assets (MiCA) license in Luxembourg, solidifying its position as a key player in the EU crypto market. The license allows the exchange to operate across all 27 EU member states, serving 450 million people. Luxembourg’s regulatory clarity and blockchain-friendly policies made it the ideal location for Coinbase’s European hub.
- Coinbase's MiCA license allows it to operate across all 27 EU member states, expanding its reach to 450 million people.
- Luxembourg was selected for its regulatory clarity and proactive blockchain policies, including four passed bills.
- The MiCA framework, adopted in 2023, provides clear guidelines for digital assets, stablecoins, and crypto service providers.
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Related Tags: Coinbase Global Inc.
Other Tags: Blockchain, European Union