Coinbase becomes the first U.S.-based cryptocurrency exchange to receive a MiCA license under the European Union’s new crypto framework.

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It makes Coinbase the first U.S. crypto exchange to receive a MiCA license.
Coinbase has officially obtained a MiCA license from Luxembourg’s financial regulator, the Commission de Surveillance du Secteur Financier (CSSF), becoming the first U.S.-based crypto exchange to achieve full regulatory approval under the European Union’s new crypto framework.