Coinbase Secures MiCA License, Establishes New EU Crypto Hub in Luxembourg

Coinbase has secured a Markets in Crypto-Assets (MiCA) license from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF). This marks a major step in its expansion across Europe. With the license, the U.S.-based exchange can now offer its full range of crypto services in all 27 EU member states.

Coinbase is the first American crypto firm to gain MiCA authorization. It now joins platforms like OKX, Bybit, and BitGo under the new regulatory framework.

European HQ Moves to Luxembourg

Coinbase is moving its European headquarters from Ireland to Luxembourg. The company chose Luxembourg for its clear crypto regulations and pro-business environment.

“Luxembourg has always been a key player in Europe’s financial ecosystem,” Coinbase said. “It offers a regulatory framework that aligns closely with the crypto industry’s needs.”

Luxembourg has passed four blockchain-related laws. Ireland, by contrast, still lacks crypto-specific legislation.

The MiCA license gives Coinbase a unified legal structure across the EU. This removes the need for separate licenses in each country. Coinbase had already registered in Germany, France, Ireland, Italy, Spain, and the Netherlands. MiCA now consolidates those efforts under one approval.

The MiCA framework took effect in December 2024. It sets strict rules for operations, customer protection, and asset transparency. As a result, many platforms have since removed non-compliant stablecoins.

Coinbase Leadership Confirms Strategic Commitment

Coinbase CEO Brian Armstrong emphasized the company’s growing commitment to Europe.

Daniel Seifert, Coinbase’s Vice President and EMEA Regional Managing Director, added that the move was less about leaving Ireland and more about the unique advantages Luxembourg provides as a financial center.

Following the announcement, Coinbase shares (NASDAQ: COIN) rose more than 3.5% in Friday morning trading and have gained over 20% in the past week. Market sentiment has shifted sharply to bullish, boosted in part by recent U.S. developments such as the GENIUS Act’s Senate approval.

Coinbase stock is up approximately 18% year-to-date and has climbed 27% over the last 12 months.

With this regulatory milestone and new EU headquarters, Coinbase is positioning itself as a key player in shaping the future of compliant crypto finance in Europe.