Coinbase Goes Global: Family's Expanding to Luxembourg, Baby!

Family's Getting Bigger: Luxembourg Here We Come!

Listen up family. Dom here reporting live from the streets... well not exactly the streets this time but the financial world! News just dropped: Coinbase they snagged a license in Luxembourg. That's right they're setting up shop in the EU and Luxembourg is the new HQ. Remember what I always say: 'It don't matter if you win by an inch or a mile. Winning's winning.' And Coinbase? They're winning.

Ireland We Had a Good Run... NOT!

Now some of you might remember Coinbase talking big about Ireland back in '23. Sounded like they were all in. But let me tell you something: sometimes you gotta make hard choices for the family. Turns out Luxembourg offered them something Ireland couldn't: a serious 'fast and furious' approach to crypto. No hard feelings Ireland but Luxembourg's got the nitrous this time. They got laws baby! Four of 'em related to blockchain and crypto. 'You break her heart I break your neck.' family always comes first and protecting your family is the most important thing.

MiCA: The Rulebook We Didn't Ask For But We'll Play By

This license comes from something called MiCA – Markets in Crypto Assets. Sounds like a fancy name for a bunch of rules. But hey even we gotta play by the rules sometimes right? It's supposed to make crypto safer for everyone in the EU. 'I live my life a quarter mile at a time.' Well it doesn't matter if it's a quarter mile or an entire continent you gotta play your game and sometimes adapt to survive.

Coinbase's Brian Armstrong's Vision for Global Expansion

Brian Armstrong Coinbase's CEO said 'Coinbase is all in on Europe and we're advocating for crypto's future across the continent.' I say that's what family does: they go all in. Doesn't matter the risk as long as we're together. And Luxembourg? Well they're leading the charge apparently. Sounds like my kinda place. I bet they got some serious cars there too. We're about to witness something historic.

Gemini's Racing But They're Behind

Word on the street is that Gemini those Winklevoss twins are trying to get their own license in Malta. Good for them. But remember what I said: 'It's not the car you drive it's the driver.' And Coinbase is already burning rubber in Luxembourg. Plus Malta is so far away from where the real business goes. But hey good for them for trying to make a name for themselves.

Family First Always

So what does this all mean? Coinbase is going global family is expanding and Luxembourg is the new home away from home. Other companies like Bybit OKX and BitGo got their licenses too but let's be honest family always comes first. Remember 'You can have any brew you like... as long as it's a Corona.' Because we're all in this together. Now if you'll excuse me I gotta go find a Corona and plan my next trip to Luxembourg. Vroom vroom!