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Coinbase picks Ireland as its main EU regulatory hub as U.S. authorities go on the offensive
Cryptocurrency exchange Coinbase has chosen Ireland as its main operational and regulatory hub in the European Union, the company told CNBC in an exclusive interview. Coinbase submitted its application for a license under the EU’s new Markets in Crypto-Assets (MiCA) regulation, which is set to come into force by December 2024, with the Central Bank of Ireland. Coinbase has had an office in Dublin since 2018. The company employs about 100 people in Ireland. If and when it is approved, Coinbase will have a universal “MiCA license” in Ireland, which it can then use to “passport” its services into Germany, ... (full story)