Coinbase has completed compliance work under the European Union’s Markets in Crypto-Assets Regulation, or MiCA, according to a post from CEO Brian Armstrong cited by Techub News. Armstrong said the exchange is now operating as a regulated platform in the EU. Coinbase also announced a deposit rewards program for Coinbase One members in the region. Under MiCA, crypto exchanges must meet strict standards on capital adequacy, operational transparency, and consumer protection. The update is notable because Coinbase is a publicly listed U.S. exchange, and the company’s progress places it within Europe’s unified regulatory framework for digital assets.
Coinbase has completed compliance work under the European Union’s Markets in Crypto-Assets Regulation, or MiCA, according to a post from CEO Brian Armstrong cited by Techub News. Armstrong said the company is now a regulated exchange in the EU.
At the same time, Coinbase said it will offer a deposit rewards program for Coinbase One members in the European Union.
Techub News said MiCA requires crypto exchanges to meet strict standards on capital adequacy, operational transparency, and consumer protection. As a publicly listed U.S. exchange, Coinbase’s compliance progress brings it into Europe’s unified regulatory framework.
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