<ul data-eligibleForWebStory="true"><li>Coinbase secures EU MiCA license in Luxembourg, shifting its central hub for EU operations from Ireland to Luxembourg.</li><li>The license obtained under the EU's Markets in Crypto Assets (MiCA) regulation enables Coinbase to offer digital asset services across all 27 EU member states.</li><li>MiCA framework, in effect since last year, aims to establish a unified regulatory structure for crypto service providers and enhance consumer protections in the EU.</li><li>Coinbase's compliance with MiCA gives it a competitive advantage among global exchanges operating in Europe.</li><li>Gemini, a U.S. exchange, is awaiting regulatory clearance in Malta to establish its EU operations.</li><li>Gemini, like Coinbase, seeks to benefit from operating under the MiCA regulations in the EU.</li><li>Coinbase's early approval under MiCA could accelerate its growth and solidify its position in the European crypto market.</li></ul>

Coinbase Secures EU MiCA License in Luxembourg

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