Coinbase’s Hilarious Leap into the EU: MiCA License Madness!

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Hold onto your wallets, folks! Coinbase just snagged a shiny MiCA license in Luxembourg, letting them strut their stuff all over the European Union! And guess what? They’re opening a field office there too! Because who doesn’t want to coordinate expansion plans while sipping a latte in a fancy café? ☕️💼

After this announcement, the company’s stock shot up more than 4%! Coinbase is calling this a “pivotal moment.” I mean, who wouldn’t want to pivot like a ballerina on a crypto stage? 🩰

Coinbase Gets Its MiCA License – Cue the Confetti!

Markets in Crypto Assets (MiCA) is like the superhero of crypto regulations in the EU, swooping in to save the day and bring some order to the chaos! 🦸‍♂️

While other major crypto firms have packed their bags and left the market bloc, Coinbase is here to stay! They just announced they’ve got a MiCA license, which means they can finally “offer a full suite of products and services.” Sounds fancy, right? 🎩

MiCA license secured!

It was a blast meeting with Luxembourg Prime Minister @LucFrieden, the Crown Prince, and the ministers who were all too happy to welcome us! Time to take crypto adoption in Europe to the next level! 🚀

— Brian Armstrong (@brian_armstrong) June 20, 2025

In their press release, Coinbase, the world’s second-largest exchange, described this licensing as monumental! With MiCA registration, they can now access 450 million customers! Take that, Binance! 💪

And look at this! The exchange’s stock price has already jumped over 4% since the big news:

By setting up shop in Luxembourg, Coinbase is showing it’s serious about making friends in the region. Because who doesn’t want to be the popular kid on the block? 🤝

Other CEXs have tried this too, building local infrastructure to charm the regulators. But let’s be real, Coinbase has been trying to meet MiCA compliance for months! Some EU countries are known for quick approvals, but Luxembourg? Not so much! 🐢

Coinbase is gearing up in a country that’s neighbors with the EU’s financial giants, preparing for a real market integration. It’s like moving next door to the cool kids! 🏡

“By choosing Luxembourg, we’re positioning ourselves in a jurisdiction that gets the crypto industry and has regulatory clarity. This new hub is a landmark step forward! We’ve been working closely with regulators across Europe, and with MiCA, we’re uniting these efforts under one roof!” the firm stated.

In recent months, Coinbase has been expanding its wings outside the US crypto market. Earlier this year, they even got a regulatory license in Argentina! 🌎

But with MiCA, Europe is set to be Coinbase’s biggest expansion outside the American market! Talk about a big leap! 🦘

Overall, the exchange has a golden opportunity to dominate the CEX market across an entire continent. With a clear vision and some clever moves, Coinbase could be on its way to a monumental victory! 🏆

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2025-06-20 20:26