Friday, Coinbase formalized the obtaining of its Mica license in Luxembourg, in order to send its services to the whole of the European Union. Light on this new success of the famous American crypto platform.
Coinbase obtains its Mica license in Luxembourg
While the Mica regulation entered into application 6 months ago, we see more and more actors announce the obtaining of their license since various jurisdictions, And it is now the turn of Cornerbase. To do this, the famous cryptocurrency platform from the United States chose Luxembourg:
Luxembourg has long been a avant-garde financial center, demonstrating an unwavering commitment in favor of innovation. By choosing Luxembourg, we position ourselves in a court which includes the needs of the cryptocurrency sector and excels in terms of regulatory clarity. Luxembourg actively pursues a pang government approach to blockchain and DLT [regristres distribués, ndlr]and adopted four policies related to blockchain by the national parliament.
👉 To go further-Mica: why has France still delivered only one license?
So, Coinbase can now offer its services in the 27 Member States of the European Uniona market of 450 million inhabitants. Until then, the platform was already regulated in Germany, France, Ireland, Italy, the Netherlands and Spain, with regard to Europe.
In France, only 2 companies have yet obtained their Mica license through the Financial Markets Authority (AMF). After Deblock last month, it was indeed Goin who formalized the news a few days ago.
Coinbase: Register on the most famous Crypto exchange in the world
Source: Coinbase
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