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Coinbase Establishes EU-Wide MiCA Crypto Hub in Luxembourg After Ripple

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Coinbase has established its EU crypto hub in Luxembourg following the obtaining of its Markets in Crypto Assets (MiCA) license from the country’s financial supervisory authority. This license allows the crypto exchange to offer its full suite of crypto products and services to more than 450 million people across all 27 EU member states. Notably, Ripple has also secured MiCA compliance.