Coinbase has secured markets in the Crypto-ASSETS license (MICA) from the Luxembourg de control of Du Secteur (CSSF), and the Crypto Exchange recently revealed.
The license enables the company to provide a full range of cryptocurrency services in all 27 member states of the European Union.
Coinbase believes that approval represents a pivotal moment, allowing it to work under a unified organizational framework and providing a market for more than 450 million people.
Coinbase said: “This teacher enables us to provide a full range of encryption products and services to 450 million people in all 27 European Union member states,” Coinbase said.
The company will also create a European encryption center in Luxembourg, which it described as a “Malian thinking center” is committed to innovation in Blockchain and organizational clarity.
Under the MICA framework, Coinbase unifies its previous victory in its license in Germany, France, Ireland, Italy, the Netherlands and Spain.
The company added: “Now, with Mika, we are uniting these efforts under one frame.”
Coinbase said she sees MICA not only as an organizational achievement but as a basis for growth throughout the region.
The Stock Exchange praised Luxembourg’s pre -emptive position on digital assets, pointing to the country’s legislative progress with four breaks related to breaks.
While welcoming MICA, Coinbase also urged European policy makers to continue to pay ambitious initiatives to maintain the competitive edge in the region
The company described this organizational alignment as a “historical step forward” for both Coinbase and the wider European encryption system.