Coinbase Secures MiCA License in Luxembourg, Unlocking Full EU Expansion

American cryptocurrency exchange Coinbase has secured its Markets in Crypto Assets (MiCA) license in Luxembourg. The move comes a month after Bybit obtained its license from Austria’s Financial Market Authority (FMA). 

An official announcement revealed that the license enables the exchange to offer a full suite of crypto products and services to approximately 450 million people in the 27 European Union member states.

Luxembourg has always been a key player in Europe’s financial ecosystem, and we’re delighted to share that Coinbase is officially establishing its European crypto hub in this dynamic country, under the Markets in Crypto Assets regulatory framework (MiCA),” Coinbase wrote.

Coinbase Advances European Operations 

According to Coinbase, the latest milestone enables the platform to operate in the EU under a unified regulatory framework, thereby strengthening its global leadership in compliance and crypto innovation. 

Notably, MiCA marks a crucial step in shaping Europe’s crypto future, but the journey does not end here. Without bold, continuous action from regulators, Europe risks falling behind in the rapidly evolving global digital economy. 

Over the past years, Coinbase has secured operational licenses in key markets including Germany, France, Ireland, Italy, the Netherlands, and Spain, reinforcing its leadership in global compliance. With a unified regulatory framework, it ensures that millions of Europeans can access secure and trusted crypto services.

Additionally, Coinbase noted that its decision to choose Luxembourg positions the company in an area that understands the needs of the crypto industry and excels in regulatory clarity.

“Luxembourg has long been a forward-thinking financial hub, demonstrating an unwavering commitment to fostering innovation. By choosing Luxembourg, we’re positioning ourselves in a jurisdiction that understands the needs of the crypto industry and excels in regulatory clarity,” the exchange added. 

Coinbase Scales in Europe as Tokenized Stock Ambitions Emerge in the U.S.

Furthermore, with Luxembourg’s commitment to blockchain, this new hub is a significant win—not just for Coinbase’s growth in Europe but for the entire tech and innovation scene in the region.

Meanwhile, this is not the only thing the company has been up to. Recently, Coinbase sought approval from the United States Securities and Exchange Commission (SEC) to offer tokenized stock trading functionality through blockchain technology. 

Although the trading of tokenized shares remains restricted in the U.S. market, experimental deployments are underway. Kraken’s recent launch of xStocks introduces tokenized versions of U.S. equities, signaling a growing interest in digital asset representations of traditional securities.