PANews June 20 News, according to CNBC report, cryptocurrency exchange Coinbase announced that it has obtained the MiCA license issued by the Luxembourg financial regulator CSSF, becoming the first fully authorized U.S. cryptocurrency trading platform in the European Union. The company also announced the relocation of its EU headquarters from Ireland to Luxembourg, citing the latter's more forward-looking financial policy environment. Coinbase CEO Brian Armstrong stated, 'Coinbase is fully committed to the European market, MiCA sets the standard, and Luxembourg, with its business-friendly environment and prudent regulatory approach, is leading the industry's development.'