Coinbase has secured a UK MiFID license, positioning the exchange to expand beyond cryptocurrency trading into derivatives and equities in one of Europe’s most significant financial markets.
The license represents a key regulatory milestone for Coinbase, which has been actively pursuing licensing to broaden its derivatives access across multiple jurisdictions. A MiFID-related authorization allows a platform to offer regulated investment services under the framework that governs financial markets across the UK and EU. For related coverage, see Richard Heathcote Reportedly Seeks to Sell Tether Stake.
For Coinbase, which already holds a UK VASP registration, the new license opens the door to asset classes that sit outside the scope of crypto-only permissions. Derivatives and equities each carry distinct regulatory requirements, and MiFID authorization signals that Coinbase has met the compliance bar for both. For related coverage, see UNDP Expands Stellar Partnership After Aid Pilots Cut Costs.
Derivatives and Equities as the Next Growth Lever
The expansion targets two product categories that could significantly diversify Coinbase’s revenue mix. Derivatives, in particular, represent a fast-growing segment of crypto-adjacent trading. Coinbase has already moved into futures contracts in Europe, and a UK-specific license extends that capability to a market with deep institutional participation. For related coverage, see Trump Bitcoin Reserve Plan Hits Legal Hurdles.
Equities access marks a more notable departure. Offering traditional stock trading alongside crypto products would position Coinbase closer to full-service brokerage platforms rather than crypto-only exchanges. The distinction between expansion intent and confirmed product launch timelines remains important, as securing the license is a prerequisite, not a product announcement.
The move follows a broader pattern among crypto-native companies seeking regulated status in European markets. Ripple, for instance, recently obtained an EU CASP license from Luxembourg’s CSSF, reflecting the industry-wide push toward compliance-first expansion.
Why the UK Matters for Coinbase’s Next Phase
The UK has been working to establish itself as a crypto-friendly regulatory environment while maintaining strict financial oversight. For Coinbase, regulated entry into additional asset classes in this market could strengthen its credibility with institutional clients who require MiFID-compliant counterparties.
Broader product access also expands the potential customer base. Retail and institutional users who currently trade equities or derivatives through traditional brokers could find a combined offering appealing, particularly if Coinbase integrates these products alongside its existing crypto infrastructure.
The licensing landscape across Europe continues to evolve, with MiCA and related frameworks shaping how crypto firms operate across borders. Coinbase’s UK license sits alongside its broader European licensing portfolio, which includes registrations in multiple EU member states.
Whether the derivatives and equities push translates into launched products, and how quickly, will depend on Coinbase’s operational readiness and market conditions. The license itself, however, removes a significant regulatory barrier to entry.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.
