PANews reported on June 20 that according to CNBC, the crypto exchange Coinbase announced that it had obtained the MiCA license issued by the Luxembourg financial regulator CSSF, becoming the first US crypto trading platform to be fully authorized by the European Union. The company also announced that it would move its EU headquarters from Ireland to Luxembourg, citing the latter's more forward-looking financial policy environment. Coinbase CEO Brian Armstrong said: "Coinbase is fully committed to the European market, MiCA sets the standard, and Luxembourg is leading the industry with its pro-business environment and prudent regulatory approach."



While Silicon Valley dominates Web2, emerging markets like the UAE and Singapore lead DePIN adoption with better regulations and real infrastructure needs. Opinion by: Yanal M. Hammouda, head of market expansion at WingbitThe decentralized physical infrastructure network (DePIN) sector saw $150 million of capital flow during Q1 2025, with a projected market size of $3.5 trillion by 2028. Yet the most significant development isn’t the capital raised but where these networks operate. Emerging markets like the Middle East, Southeast Asia and South America — rather than Silicon Valley — are driving the future of DePIN adoption. Read more