Coinbase has obtained the MiCA license in Luxembourg, enabling full operations across the European Union. Additionally, the company plans to open a local office to further coordinate its expansion plans.
Following this announcement, the company's stock price rose by more than 4%. Coinbase calls this a "crucial moment" and suggests it could lead to significant business expansion.
Coinbase Obtains MiCA License
The Crypto Asset Market (MiCA) is a key cryptocurrency regulation in the EU, bringing substantial changes to the local industry.
Major cryptocurrency companies have already left the market block, creating both obstacles and opportunities. Today, Coinbase announced that it has obtained the MiCA license, enabling "full product and service offerings".
MiCA licence secured ✅
— Brian Armstrong (@brian_armstrong) June 20, 2025
It was great to meet with Luxembourg Prime Minister @LucFrieden, the Crown Prince, and the very welcoming ministers as we announce the receipt of our MiCA license from the CSSF.
Time to take crypto adoption in Europe to the next level. https://t.co/Xcv7q2tFqJ pic.twitter.com/m2R8PrY4qx
Coinbase, the world's second-largest exchange, explained the importance of this license. The MiCA registration allows Coinbase to access 450 million customers, something its biggest competitor Binance cannot do.
The exchange's stock price has already risen by more than 4% since this announcement:
By operating a new regional office in Luxembourg, the exchange demonstrates its long-term commitment to developing relationships in the region.
Other CEXs have also shown similar moves in the past, establishing local physical infrastructure for better interaction with regulatory authorities.
For example, Coinbase has been working for months to comply with MiCA. While some EU member states have gained a reputation for quick and easy license approvals, Luxembourg is not one of them.
Coinbase is beginning operations in a country adjacent to major EU financial powers, preparing for real market integration.
"By choosing Luxembourg, we are positioned in a jurisdiction that understands the needs of the cryptocurrency industry and excels in regulatory clarity. This new hub represents a significant advancement. Coinbase has been working closely with regulatory authorities across Europe and is now integrating these efforts into a single framework with MiCA," the company stated.
In recent months, Coinbase has been increasingly expanding beyond the US cryptocurrency market. Earlier this year, it obtained a regulatory license in Argentina.
However, with MiCA, Europe is likely to become Coinbase's largest expansion outside the US market.
Overall, the exchange has a crucial opportunity to dominate the CEX market across the continent. With a clear vision and clever strategy, Coinbase can achieve significant victories.
