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Coinbase Surges 21.56% in Two Days, Ranks 10th in Trading Volume with $89.10 Billion
Generated by AI AgentAinvest Volume Radar
Friday, Jun 20, 2025 8:00 pm ET1min read
On June 20, 2025,
(COIN) saw a trading volume of $89.10 billion, ranking it 10th in the day's stock market activity. The stock rose by 4.50%, marking its second consecutive day of gains, with a total increase of 21.56% over the past two days.Coinbase has secured a crypto license from Luxembourg's CSSF, enabling it to offer crypto services across the European Union. This move will see
shift its regional hub from Ireland to Luxembourg, solidifying its presence in the EU market.This license, known as MiCA, allows Coinbase to provide unified crypto services across all 27 EU member states. By establishing Luxembourg as its European hub, Coinbase aims to streamline its operations and better serve its European customers.
Coinbase's achievement marks a significant milestone as it becomes the first U.S.-based crypto exchange to receive EU MiCA approval. This regulatory endorsement is expected to enhance Coinbase's credibility and expand its market reach within the EU.
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