The largest American cryptocurrency exchange, Coinbase, has obtained a MiCA license from the Luxembourg Commission for the Supervision of the Financial Sector.
Moien, Lëtzebuerg. ??
We’re pleased to have secured our Markets in Crypto Assets (MiCA) licence from the CSSF in Luxembourg.
We can now offer a full suite of crypto products and services to 450 million people across all 27 European Union member states. pic.twitter.com/e9zbhy35YQ
— Coinbase ?️ (@coinbase) June 20, 2025
The approval allows the platform to legally offer services in 27 EU countries.
Coinbase joins a number of exchanges that have confirmed their right to operate in Europe in recent months. OKX and Crypto.com received accreditation through Malta, while Bybit was approved by Austrian authorities.
“By choosing Luxembourg, we position ourselves in a jurisdiction that understands the needs of the crypto industry and offers regulatory clarity,” the American company emphasized.
According to the statement, Coinbase has obtained licenses in Germany, France, Ireland, Italy, the Netherlands, and Spain in recent years. Approval under MiCA rules will allow the platform to “unify these efforts within a single framework.”
Since April 2021, Coinbase has been listed on Nasdaq. On the day of its market debut, the company’s capitalization exceeded $100 billion. At the time of writing, its market valuation stands at $77.4 billion.
In May 2025, Coinbase shares were included in the S&P 500 index.