Luxembourg, which hosts PayPal’s EU headquarters, might function a gateway for the opposite 26 international locations within the bloc, as soon as the Markets in Crypto Belongings (MiCA) regulation comes into impact. This regulatory regime ought to in idea give corporations registered in any single member state a license to supply their companies all through the EU by way of a course of often called passporting. Crypto exchanges Binance and Coinbase have taken this route in current months. Most lately, Nexo and Gemini registered in Italy.
