Coinbase Secures Virtual Asset Services Provider Status in France

December 22nd, 2023
Coinbase, a leading crypto exchange, has been registered as a Virtual Asset Services Provider in France, enabling it to offer comprehensive crypto services in the country. This move aligns with Coinbase's strategy to operate in regions with clear crypto policies, contrasting with its ongoing dialogues with the U.S. SEC for sector-specific regulations. The registration allows Coinbase to provide asset custody, fiat-to-crypto transactions, and trading services. France, which is keen to attract crypto businesses, is part of the EU's evolving regulatory landscape, recently shaped by the MiCA legislation.
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