Coinbase finally secured a MiCA license, which means it'll be able to operate more freely in the European Union.

MiCA is a regulatory framework to standardise rules across European Union countries, which is a double-edged sword because EU countries often disagree on everything and often dislike each other.

But that's a different conversation entirely.

Anyway, Coinbase, which reminder is still a remote-only company with no HQ, has chosen Luxembourg as its main base of operations.

It's unclear what that means, because I'm assuming they're going to deviate from their remote-first and remote-only model.

Presumably, they'll use Luxembourg as a base of operations and HQ, virtually and bureaucratically, but probably not physically.

One last thing.

After the announcement, Coinbase share price went up.