{"id":177259,"date":"2023-10-19T18:08:03","date_gmt":"2023-10-19T12:38:03","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=177259"},"modified":"2023-10-19T18:08:03","modified_gmt":"2023-10-19T12:38:03","slug":"coinbase-taps-ireland-as-european-hub-ahead-of-mica-regime-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/coinbase-taps-ireland-as-european-hub-ahead-of-mica-regime-crypto-news\/","title":{"rendered":"Coinbase taps Ireland as European hub ahead of MiCA regime &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Coinbase, the largest U.S.-based cryptocurrency exchange, has selected Ireland as its European hub, the firm announced on Wednesday.<\/p>\n<p><strong><em>See related article: <\/em><\/strong><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/forkast.news\/weekly-market-wrap-bitcoin-falls-below-us27000-cpi-israeli-conflict\/\">Weekly Market Wrap: Bitcoin falls below US$27,000 following CPI and Israeli conflict<\/a><\/p>\n<h3 class=\"wp-block-heading\">Fast Facts<\/h3>\n<ul>\n<li>Coinbase selected Ireland as its base location in the European Union to comply with the bloc\u2019s <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/forkast.news\/esma-publishes-second-mica-consultation-paper\/\">Markets in Crypto Assets<\/a> (MiCA) regulatory framework, set to take effect in Decemeber 2024.<\/li>\n<\/ul>\n<ul>\n<li>This will allow Coinbase to serve one of the largest economies in the world under one set of regulations, Coinbase said in a <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.coinbase.com\/blog\/announcing-ireland-as-our-eu-mica-entity-location?__cf_chl_rt_tk=7HD34RgSij1Kv.1UU3Aa2j4x6x09ebPuxtNYmM.qx9U-1697715584-0-gaNycGzNDRA\">blog post<\/a>. The <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/european-union.europa.eu\/principles-countries-history\/key-facts-and-figures\/life-eu_en\">EU<\/a> has a population of 450 million people across 27 countries.\u00a0<\/li>\n<\/ul>\n<ul>\n<li>Under the MiCA, crypto firms and exchanges are required to secure licenses to operate across the bloc while stablecoin issuers are mandated to hold suitable reserves.<\/li>\n<\/ul>\n<ul>\n<li>Coinbase currently holds an e-money institution license and a virtual asset service provider (VASP) license in Ireland, as well as a crypto license in Germany and several national registrations in other European states like Italy, Spain and the Netherlands.<\/li>\n<\/ul>\n<ul>\n<li>As part of the exchange\u2019s European expansion, Coinbase <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.coinbase.com\/blog\/coinbase-announces-germany-as-a-regional-talent-hub\">announced<\/a> that Germany will become its regional talent hub, on Oct. 16.<\/li>\n<\/ul>\n<p><strong><em>See related article: <\/em><\/strong><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/forkast.news\/fake-blackrock-etf-news-prompts-us57-mln-bitcoin-long-liquidations\/\">Fake BlackRock ETF news prompts US$57 mln in Bitcoin long liquidations<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Coinbase, the largest U.S.-based cryptocurrency exchange, has selected Ireland as its European hub, the firm announced on Wednesday. See related article: Weekly Market Wrap: Bitcoin falls below US$27,000 following CPI and Israeli conflict Fast Facts Coinbase selected Ireland as its base location in the European Union to comply with the bloc\u2019s Markets in Crypto Assets [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":166630,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-177259","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/177259","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=177259"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/177259\/revisions"}],"predecessor-version":[{"id":177260,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/177259\/revisions\/177260"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/166630"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=177259"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=177259"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=177259"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}