Coinbase secured a MiCA license from Luxembourg's CSSF, allowing operations across all 27 EU member states. (Source: Reuters) This milestone enables Coinbase to offer crypto services throughout the European Economic Area (EEA).
The MiCA framework, fully applicable since December 30, 2024, aims to unify digital asset rules within the EU. Coinbase CEO Brian Armstrong met with Luxembourg officials to mark this achievement.
Coinbase's stock (COIN) was trading at $308.38 USD. (Source: Reuters) The company previously announced plans to delist certain stablecoins in the EEA by the end of 2024 to comply with MiCA. (Source: Reuters, October 4, 2024)