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Coinbase’s recent approval under the EU’s MiCA framework has positioned it as one of the largest global crypto exchanges operating legally in the EU region.
Coinbase’s US rival, Gemini has chosen Malta as its EU hub under MiCA and is awaiting regulatory approval.
The EU MiCA framework, which came into full effect in late 2024, aims to establish a harmonized regulatory structure for crypto service providers while enhancing consumer protection.
The EU MiCA license allows Coinbase to offer digital asset services across all 27 EU member states plus Iceland, Liechtenstein and Norway.
Coinbase is one of few major global crypto exchanges to obtain a MiCA license, joining competitors like Bybit, OKX, Crypto.com, and BitGo, who have already secured similar approvals across various EU jurisdictions.

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Coinbase obtains Markets in Crypto Assets (MiCA) license

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