Coinbase, a leading cryptocurrency exchange, has announced plans to establish its EU MiCA hub in Ireland. This decision comes as Coinbase aims to expand its operations strategically across all 27 European member nations. By choosing Ireland, Coinbase hopes to optimize its current operations and uphold regulatory compliance while introducing more individuals to cryptocurrency. The company has applied for a license under the EU’s upcoming Markets in Crypto-Assets (MiCA) regulation and plans to obtain a comprehensive “MiCA license” in Ireland, allowing it to extend its services to other EU countries. Coinbase’s expansion into Europe follows a lawsuit filed against it by the US Securities and Exchange Commission (SEC), prompting the exchange to focus on international markets. Reports suggest that Coinbase has been collaborating with Bitpanda, an Austrian cryptocurrency exchange, to establish connections with European banks. Overall, Coinbase’s move to Ireland reflects its commitment to expanding its presence in Europe and complying with regulatory requirements.

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Information	Details
Geography	Europe
Countries	🇮🇪 🇩🇪 🇫🇷 🇮🇹
Sentiment	positive
Relevance Score	1
People	Mary Buckley
Companies	US Securities and Exchange Commission (SEC), IDA Ireland, Coinbase, Bitpanda, EU MiCA, Central Bank of Ireland
Currencies	None
Securities	None