Coinbase Wins MiCA Greenlight, Plants Flag in Luxembourg as Crypto Hub
Coinbase just outmaneuvered regulatory chaos with a slick European pivot. Luxembourg’s financial watchdog handed the exchange its golden ticket—full MiCA compliance approval—while rivals scramble to adapt.
The move cements Coinbase’s first-mover advantage as EU crypto rules tighten. Their new Luxembourg HQ isn’t just a tax play (though let’s be real—it’s definitely a tax play). It’s a beachhead for dominating Euro-denominated crypto flows.
Meanwhile, legacy finance still thinks ‘blockchain’ is a spreadsheet upgrade. Good luck keeping those 19th-century rails relevant when crypto’s building hyperdrives.