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Markets1h 25m ago

Coinbase and Ripple have secured Luxembourg licenses, positioning them to gain users from the MiCA migration wave, while Binance exits EU markets.

Luxembourg, European Union

Who
Coinbase, Ripple, Binance, Tether, USDC, RLUSD
What
Coinbase and Ripple have secured Luxembourg licenses, positioning them to gain users from the MiCA migration wave, while Binance exits EU markets.
When
Thu, 16 Jul 2026 09:55:17 GMT · 1h 25m ago
Where
Luxembourg, European Union ·
Why
The Markets in Crypto-Assets (MiCA) regulation is driving a migration of crypto users and businesses within the EU, favoring licensed entities.
The Frontline Impact

How this affects you

Licensed crypto service providers (CASPs) like Coinbase and Ripple are expected to absorb users from exiting exchanges. Stablecoins USDC and RLUSD are positioned to compete for market share previously held by Tether.

Story chain

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