Coinbase is an American cryptocurrency exchange founded in 2012, the largest US-based crypto exchange and listed on NASDAQ (COIN).
Does Coinbase have a MiCA licence?
✓ Authorised · MiCA CASPYes. Coinbase (legal entity Coinbase Luxembourg S.A.) holds a MiCA crypto-asset service provider (CASP) authorisation - regulated by Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg, listed in the official ESMA register. Through MiCA passporting it may legally serve clients across the EU/EEA (30 countries).
Licensed crypto services (7)
Where you can use Coinbase · EU/EEA passporting (30)
A MiCA authorisation passports across the whole EU/EEA, so Coinbase may legally serve clients in:
Coinbase maintains strong customer approval at 4.6/5 across nearly 2.8M ratings, with review sentiment improving. The NeoBase index stands at 88.6/100, down 1.1 week-over-week. Media coverage splits between regulatory tailwinds - White House crypto engagement, Deribit routing agreements - and competitive pressures around tokenized Bitcoin products and SEC delays, creating divergence between stable customer sentiment and headline uncertainty.
Sentiment index
our score · updated every monthRatings across platforms
★ 4.6 · 2.7M · 3Rating distribution
All platformsRating & review volume over time
Brand sentiment trend
positive sentiment, by platformWhere Coinbase's money came from and went
FY2025Show the figures as a table
| Line item | Direction | Amount |
|---|---|---|
| Consumer transaction revenue | Income and profit kept | $3,323m |
| Institutional transaction revenue | Income and profit kept | $479.7m |
| Other transaction revenue | Income and profit kept | $252.9m |
| Stablecoin revenue | Income and profit kept | $1,349m |
| Blockchain rewards | Income and profit kept | $677.4m |
| Interest and finance fee income | Income and profit kept | $247.0m |
| Other subscription and services | Income and profit kept | $554.8m |
| Other revenue | Income and profit kept | $297.9m |
| Net non-operating income | Income and profit kept | $86.6m |
| Total inflows | $7,268m | |
| Transaction expense | Costs and tax | $1,020m |
| Technology and development | Costs and tax | $1,671m |
| Sales and marketing | Costs and tax | $1,059m |
| General and administrative | Costs and tax | $1,620m |
| Losses on crypto held for operations | Costs and tax | $20.7m |
| Other operating expenses | Costs and tax | $356.1m |
| Tax | Costs and tax | $261.7m |
| Net profit | Kept | $1,260m |
Source: Form 10-K (SEC) · figures in millions, rounded · Compare with other fintechs
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In the media
brand coverageExclusive / White House prepares to host crypto and prediction market execs
www.semafor.com · 3w ago
Attendees will include executives from Coinbase, a16z, Ripple, and Chainlink, plus Kalshi and Paradigm, as well as trade association Digital...
Bullish (BLSH), Coinbase (COIN), Circle (CRCL) slide as SEC delay weighs on tokenization trade
www.coindesk.com · 3w ago
Bullish, Coinbase, and Circle were among the names lower on Friday after the regulatory setback.
Circle Challenges WBTC and Coinbase’s cbBTC With ‘Neutral’ Bitcoin Collateral
www.ccn.com · 3w ago
Circle is pitching cirBTC as neutral wrapped Bitcoin infrastructure, but it faces a major adoption gap against WBTC and Coinbase's cbBTC.
Deribit to Route Most Spot Orders to Coinbase under New Dubai Licence
www.financemagnates.com · 3w ago
Deribit has received a Broker-Dealer Licence from Dubai's Virtual Assets Regulatory Authority (VARA), allowing the Coinbase-owned crypto...
KSIEGG Price, K$I Price, Live Charts, and Marketcap
www.coinbase.com · 3w ago
KSIEGG (K$I) Price USD Today is $0.0001479. News, predictions, charts, market cap, buy, sell, convert, and invest on the most trusted platform for crypto.
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mentions on X, Reddit & FacebookFrequently asked questions
Does Coinbase have a MiCA licence?
Yes. Coinbase (legal entity Coinbase Luxembourg S.A.) holds a MiCA crypto-asset service provider (CASP) authorisation, regulated by Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg and listed in the official ESMA register.
Who regulates Coinbase in the EU?
The EU activity of Coinbase is authorised and supervised by Commission de Surveillance du Secteur Financier (CSSF), its home national competent authority under MiCA.
Which crypto services is Coinbase licensed for?
Under MiCA, Coinbase is authorised for: Custody & administration of crypto-assets, Exchange of crypto-assets for funds, Exchange of crypto-assets for other crypto-assets, Execution of orders on behalf of clients, Placing of crypto-assets, Reception & transmission of orders, Transfer services for crypto-assets.
In which countries can I legally use Coinbase?
A MiCA authorisation passports across the whole EU/EEA, so Coinbase may legally serve clients in all 30 EU/EEA member states.
Is Coinbase in the ESMA register?
Yes. Coinbase Luxembourg S.A. appears in ESMA's official register of authorised MiCA crypto-asset service providers, recorded under Commission de Surveillance du Secteur Financier (CSSF).
Is a MiCA licence the same as a CASP licence?
Yes. MiCA (MiCAR) is the EU regulation; a CASP (crypto-asset service provider) is a firm it licenses. "MiCA register", "CASP register" and "ESMA register" all refer to the same official list.
What are the trading fees on Coinbase?
Coinbase Advanced Trade: 0.06% maker / 0.10% taker for new users. The consumer app charges a higher spread (~0.5–1.49%). Active traders should use Coinbase Advanced (which replaced Coinbase Pro) for lower costs.
Are USD balances on Coinbase FDIC-insured?
USD balances held at Coinbase are stored at FDIC-member partner banks with pass-through insurance up to $250,000. Cryptocurrencies are not FDIC-covered — however Coinbase carries a separate commercial insurance policy covering potential security breaches.
Which cryptocurrencies can be staked on Coinbase?
Coinbase offers staking for ETH, SOL, ADA, MATIC, XTZ, ATOM and several other assets. ETH staking returns approximately 3–4% APY. Coinbase takes a commission on rewards (25–35%). Staking is available to verified users outside certain US states.
Is Coinbase regulated by the SEC?
Coinbase is listed on NASDAQ (ticker: COIN) and registered as a Money Services Business (MSB) with FinCEN. It is subject to SEC and CFTC oversight. That said, Coinbase and the SEC are engaged in ongoing legal disputes regarding the classification of certain crypto assets.
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Ratings & sentiment aggregated from Trustpilot, Google Play and App Store - anonymised store metrics only, no individual reviews.
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