The United States-based cryptocurrency exchange Coinbase has chosen Ireland as its main European hub for compliance with Europe’s cryptocurrency regulatory framework, known as Markets in Crypto-Assets Regulation (MiCA). This move allows Coinbase to serve the 450 million people across 27 countries in Europe under one regulatory framework and with one national supervisor. Currently, Coinbase holds licenses and registrations in various European countries, including Ireland, Germany, and other member states of the EU. The company’s decision to select Ireland as its MiCA hub is due to the country’s supportive political environment for FinTech companies and its globally respected regulator. Coinbase looks forward to working with regulators in Ireland, Germany, and beyond to fully develop the potential of the cryptocurrency industry with the implementation of MiCA.
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Europe |
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🇮🇪 🇩🇪 |
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positive |
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1 |
People |
Daniel Seifert |
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Ireland, Markets in Crypto-Assets Regulation (MiCA), Cointelegraph, Coinbase, Germany |
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