Coinbase has successfully obtained a MiCA license from Luxembourg, allowing them to offer crypto services in all 27 EU countries. This move follows similar actions taken by other exchanges like Gemini, OKX, and Crypto.com to become regulated in Europe. The license was granted by Luxembourg's financial authorities, confirming weeks of speculation about Coinbase's intentions to operate under MiCA. This approval aligns with Coinbase's strategy of working closely with regulators across Europe, having already secured licenses in several countries. The MiCA framework, which came into effect in June 2023, establishes a standardized licensing regime for crypto service providers in the EU.