TechFlow news — Tom Duff Gordon, Vice President of Global Policy at Coinbase, said the company will decide within the coming weeks where to apply for a license under the European Union’s Markets in Crypto-Assets Regulation (MiCA). "We will decide from which jurisdiction we conduct our regulated activities," Gordon said. "It has not yet been decided where that hub will be. We’re taking time to carefully consider what the right location is — somewhere with a first-class regulator we trust and where we can access talent. We’ll pick one place as the hub, but that doesn’t mean we’ll stop operating across Europe."
Coinbase CEO Brian Armstrong has criticized U.S. regulators, while a new European cryptocurrency regime is reshaping the regulatory landscape in Europe. MiCA allows companies to access the entire European market once licensed, but first, Coinbase must choose an EU member state from which to obtain that license.
