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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Globally, Coinbase isn’t the first to receive crypto authorization across the EU — but it is one of the largest
It joins other major exchanges which have secured the MiCA license. Bybit, the second largest exchange secured its MiCA license from Austria in May, while, OKX and Crypto.com secured their MiCA licenses from Malta.