Coinbase Vaults European Presence With Luxembourg Hub

Coinbase has established its Luxembourg hub as its European base, leveraging a Markets in Crypto-Assets (MiCA) licence to serve 27 EU countries and three EEA members. The licence allows Coinbase to consolidate separate national licences, replacing a patchwork of permits in countries like Germany and France.

The move marks a strategic bet on Luxembourg's standing in regulated digital finance. Coinbase Chief Policy Officer Faryar Shirzad said the country's thoughtful approach to blockchain and digital assets was a key factor in the decision.

Coinbase can now offer its full suite of trading, custody, and crypto-payment services across the EU under one unified framework, with roughly 450 million people as potential customers. The move is seen as a validation of Coinbase's long-running thesis that operating within clear rules becomes a competitive moat once regulation arrives.