Gregory Raymond: Coinbase selects Luxembourg as European hub after MiCA license approval
@gregory_raymond: Coinbase Luxembourg hub
Coinbase has made a strategic decision to establish Luxembourg as its European hub, marking a significant shift from its historical operations in Ireland.
The American cryptocurrency platform has successfully secured the first Markets in Crypto-Assets (MiCA) license, setting a precedent for U.S.-based platforms operating in Europe. Sources suggest this move was motivated by Luxembourg's more flexible regulatory environment compared to Ireland. Crypto analyst Gregory Raymond indicates that this choice might encourage other firms to consider Luxembourg for their European operations.
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Coinbase’s pivot to Luxembourg, underpinned by regulatory considerations, highlights evolving strategic priorities within the European crypto market. The implications of such shifts have previously been underscored by Gregory Raymond in analyses of industry developments, including recent changes in sector leadership such as the appointment of Claire Balva at ADAN, which reflect the dynamic nature of crypto advocacy across Europe. Ongoing vigilance also remains crucial, as Raymond’s reporting on a fraudulent token email campaign demonstrates the persistent security challenges facing both established platforms and new market entrants.
In the previous news, tweet author Gregory Raymond discussed investment trends in the blockchain sector.
