Crypto

Coinbase seeks MiCA authorisation in Ireland

Markets in Crypto-Assets (MiCA) is a landmark EU law agreed in July 2022 as part of efforts to regulate the cryptocurrency sector. It requires crypto providers to register with a local regulator in at least one member state.

MiCA requires crypto providers to register with a local regulator in at least one member state.

Coinbase, the cryptocurrency exchange has applied to the Central Bank for authorisation under the European Union’s incoming Markets in Crypto-Assets (MiCA) regime.

The company said selecting Ireland as its MiCA hub would allow it to scale growth across the EU by providing services across the EU via Dublin. The decision, which has yet to be approved, would see the crypto provider being regulated in ... The news has been welcomed by the government and IDA ...