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Coinbase Obtains EU Crypto License and Moves EU Headquarters from Ireland to Luxembourg

Summary: Cryptocurrency exchange Coinbase announced that it has obtained the MiCA license from the CSSF, the financial regulatory authority in Luxembourg, making it the first US crypto trading platform to be fully authorized by the EU. The company also announced that it will move its EU headquarters from Ireland to Luxembourg, citing the latter's more forward-looking ...

Cryptocurrency exchange Coinbase announced that it has obtained the MiCA license from the CSSF, the financial regulatory authority in Luxembourg, making it the first US crypto trading platform to be fully authorized by the EU. The company also announced that it will move its EU headquarters from Ireland to Luxembourg, citing the latter's more forward-looking financial policy environment. Coinbase CEO Brian Armstrong stated, 'Coinbase is fully committed to the European market, and MiCA sets the standard. Luxembourg, with its pro-business environment and prudent regulatory approach, is leading the industry forward.'

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