Coinbase Secures MiFID License in UK, Expands Traditional Investment Services

Coinbase has secured a MiFID license in the UK, allowing it to offer traditional investment services alongside its crypto offerings. This gives the exchange a wider product base in one of its largest international markets.

The new license allows Coinbase to offer equities and derivatives, including crypto, equity, and commodity perpetual futures for institutional and advanced traders. U.K. retail customers will also be able to trade equities on Coinbase for the first time.

This move comes as part of Coinbase's 'Everything Exchange' strategy, which includes offering stocks, crypto derivatives, tokenized products, prediction markets, and consumer finance tools.