Coinbase Secures MiCA License, Expanding Its Footprint Across Europe

The largest American cryptocurrency exchange, Coinbase, has secured a MiCA license from the Luxembourg Financial Sector Supervisory Commission.

This approval allows the platform to legally offer its services across 27 EU member states.

Coinbase has joined a number of exchanges that have recently confirmed their rights to operate in Europe. OKX and Crypto.com obtained their approval via Malta, while Bybit received accreditation from Austrian authorities.

«By choosing Luxembourg, we are positioning ourselves in a jurisdiction that understands the needs of the crypto industry and offers regulatory clarity,» the American company emphasized.

According to the announcement, Coinbase has acquired licenses in Germany, France, Ireland, Italy, the Netherlands, and Spain in recent years. The MiCA approval will enable the platform to «consolidate these efforts under a unified framework.»

Since April 2021, Coinbase has been listed on Nasdaq. On its first trading day, the company’s market capitalization surpassed $100 billion. As of the time of writing, its market valuation stands at $77.4 billion.

It is worth noting that in May 2025, Coinbase’s shares were included in the S&P 500 index.