Coinbase obtains EU crypto license and moves EU headquarters from Ireland to Luxembourg

According to CNBC, cryptocurrency exchange Coinbase announced that it has obtained the MiCA license issued by Luxembourg's financial regulatory agency CSSF, becoming the first US cryptocurrency trading platform to receive full authorization from the European Union. The company also announced the relocation of its EU headquarters from Ireland to Luxembourg, citing the latter's more forward-looking financial policy environment. Coinbase is fully committed to the European market, MiCA has set standards, and Luxembourg is leading the industry with its pro business environment and prudent regulatory approach, "said Brian Armstrong, CEO of Coinbase