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Coinbase selects Ireland for its European MiCA hub

Coinbase has officially chosen Ireland as the location for its European MiCA (Crypto Asset Market) center, marking an important step in its ongoing international expansion efforts. MiCA will apply to crypto asset service providers by the end of 2024, allowing Coinbase to provide services to a market of 450 million people in 27 countries/regions under a single regulatory framework and national supervision. The adoption of MiCA by EU policymakers has been seen as a key moment for the cryptocurrency industry in the region. The regulatory clarity provided by this framework emphasizes the region's recognition of the potential of emerging technologies.

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