On June 20, 2025, Coinbase announced it had secured a Markets in Crypto-Assets (MiCA) license in Luxembourg. This makes Coinbase one of the first major crypto companies to fully align with the European Union's MiCA regulations. (Source: Reuters, June 13, 2025)
The MiCA regulation, effective December 30, 2024, provides a comprehensive regulatory framework for crypto-assets across the EU. Coinbase can now operate seamlessly across all 27 EU member states. Luxembourg will serve as Coinbase's European headquarters.
Other major crypto firms are also seeking MiCA licenses. Gemini is reportedly on the verge of receiving a license from Malta. OKX and Crypto.com have already been approved under MiCA.