Coinbase Wins European MiCA License in Luxembourg

Crypto exchange Coinbase has won a European Union Markets in Crypto Assets license (MiCA) from Luxembourg, the company said in a statement on Friday.

The exchange, which is the fifth-largest crypto exchange by volume according to CoinGecko, will now be able to offer services across the 30 nations in the European Economic Area.

It joins other major exchanges like Bybit, OKX and Crypto.com which have secured the MiCA license.