The Coinbase cryptocurrency exchange announced today that it has officially received the license under the Cryptactive Markets Regulation (MICA), granted by the Luxembourg Financial Sector Supervision Commission (CSSF).
This authorization allows to the American platform expand its operations, Offering products and services related to Bitcoin (BTC) and cryptocurrencies in the 27 countries that make up the European Union.
In a publication, the Exchange celebrated the milestone: «We are delighted to have obtained our Mica license from the CSSF in Luxembourg. Now we can offer services related to cryptoactive to 450 million people throughout the European Union ».
As Cryptonoticias reported, Mica It entered into force At the end of 2024. The regulation Establishes strict parameters for the issuance, marketing and custody of cryptoactives. Its implementation seeks to strengthen investor protection and prevent systemic risks in the European financial market.
Obtaining the Mica license represents a decisive step for coinbase in its international expansion strategy. As the company explained in a releasethis movement consolidates its position as a global leader in regulatory compliance and innovation.
The Exchange also stressed that Luxembourg has approved four laws linked to cryptoactives, and that right now promotes a comprehensive strategy to promote technologies linked to space.
In addition, Coinbase recalled that in recent years he has assured licenses in countries such as Germany, France, Ireland, Italy, the Netherlands and Spain.
