Giant Step from Coinbase for Cryptocurrency Law: It Chose the European Country!

Coinbase, the largest cryptocurrency exchange in the USA, chose Ireland as its headquarters in Europe.

In its statements to CNBC on October 19, Coinbase said that Ireland in the European Union (EU) He said that he chose it as the center where the main operations will be carried out. The EU will enter into force in December 2024. MiCA The company stated that it was preparing for the law, To the Central Bank of Ireland applied for a license.

The license in question If approved in Ireland Coinbase is a critically important “MiCA license” will have and do this to other Germany, France, Italy like other In EU countries will also be able to use it. Get your license without having to deal with Coinbase’s application processes will pave the way for offering new products is considered.

Coinbase is currently based in Dublin, the capital of Ireland. Has had an office for 5 years and within 100 people work.

On the other hand, Coinbase currently has licenses in many European countries, but these licenses It may not comply with MiCA law.

Coinbase has been focusing on its global moves for a while. The exchange recently announced that users can be paid via the Coinbase Advanced platform if they meet the necessary conditions. with perpetual futures contracts He stated that they could take action.

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