Coinbase Secures UK License for Equities and Derivatives Trading
What happened: Coinbase has received a MiFID investment services license from the UK's Financial Conduct Authority, enabling it to offer equities trading for retail users and regulated derivatives for
What happened: Coinbase has received a MiFID investment services license from the UK's Financial Conduct Authority, enabling it to offer equities trading for retail users and regulated derivatives for institutional clients. This marks Coinbase's largest UK product expansion since entering the market, supplementing its existing e-money and crypto registrations.
Why it matters: The move accelerates Coinbase's "everything exchange" strategy, allowing it to pre-empt the UK's dedicated crypto regime set for October 2027. However, FCA rules still prohibit crypto-linked derivatives for retail customers, limiting the immediate impact. The license positions Coinbase to compete with traditional fintechs and crypto-native rivals as UK crypto adoption grows (now at ~7 million adults).
Source: The Block