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Coinbase Secures MiCA License, Establishes EU Crypto Hub in Luxembourg

  • Coinbase has secured a MiCA license in Luxembourg, allowing operation across all EU member states.
  • The approval enables Coinbase to offer its full suite of crypto products to over 450 million people.
  • Coinbase has established its European crypto hub in Luxembourg, citing the country's progressive financial center.
  • Luxembourg's approach to financial regulation and digital assets influenced Coinbase's decision.
  • The Luxembourg government has passed blockchain-related legislative measures and supports DLT technologies.
  • Coinbase has obtained licenses in various European countries over the years.
  • The MiCA framework simplifies access and compliance for Coinbase under one regulation.
  • Coinbase commended CSSF for its high regulatory standards and engagement in crypto supervision.
  • Coinbase's latest move consolidates its regulatory presence in Europe.
  • The article is about Coinbase securing MiCA license and establishing an EU crypto hub in Luxembourg.

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