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Golden Finance reports that Coinbase has officially chosen Ireland as its European MiCA (Markets in Crypto Assets) center, marking a significant step in its ongoing international expansion efforts. MiCA, set to be applicable to crypto asset service providers by late 2024, will allow Coinbase to operate within a single regulatory framework and under national supervision to serve a market of 27 countries/regions with a population of 450 million. The adoption of MiCA by EU policymakers is seen as a crucial moment for the cryptocurrency industry in the region. The regulatory clarity provided by this framework underscores the region's recognition of the potential of emerging technologies. |
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