VASPCheck

VASP Compliance Summary — Coinbase

Coinbase Global, Inc. · Exchange · United States

Exported 2026-08-25

Data reviewed 2026-08-11

Overview

Compliance snapshot

Overall regulatory statusAuthorized

EU MiCA statusMiCA authorized

MiCA CASP authorization — CBI, Ireland — covers EU/EEA passporting
FinCEN MSB registered (US) and NYDFS BitLicense holder
Trustpilot 4.2/5 · 12,400 reviews
No major security incident affecting customer assets since 2021

Low concern

Publicly listed group with a MiCA CASP authorization in the EU, federal and state-level US registrations, and no material unresolved enforcement matters.

Authorizations

Licenses & registrations

Jurisdiction	Regulator	Authorization	Status	Reference	Granted
Ireland	Central Bank of Ireland CBI · https://registers.centralbank.ie	MiCA CASP authorization	Authorized	C-IE-2025-0187	2025-01-30
United States	Financial Crimes Enforcement Network FinCEN · https://www.fincen.gov/msb-registrant-search	MSB registration	Registered	31000-1120-4482	2013-06-11
United States (NY)	New York State Department of Financial Services NYDFS · https://www.dfs.ny.gov/virtual_currency_businesses	BitLicense / trust charter	Authorized	NY-VC-2017-0031	2017-01-17
United Kingdom	Financial Conduct Authority FCA · https://register.fca.org.uk	Cryptoasset firm registration (AML)	Registered	FRN 900635	2020-08-14
Singapore	Monetary Authority of Singapore MAS · https://eservices.mas.gov.sg/fid	Major Payment Institution licence (DPT)	Authorized	PS20230114	2023-10-02

Reputation

Reputation scores

Trustpilot-style score4.2 / 5

Reviews12,400

App Store4.6

Google Play4.3

12-month trendup

Press sentiment (12m)+6 / ~3 / −2

Media

Recent press

Date	Source	Headline & summary	Sentiment
2026-07-22	Reuters	Coinbase expands EU operations under MiCA passport The exchange said it will serve all EEA markets from its Irish entity following its CASP authorization.	Positive
2026-06-05	Bloomberg	Institutional custody assets reach new high Custodied assets for institutional clients grew on the back of ETF-related mandates.	Positive
2026-04-18	Financial Times	Regulators press exchanges on market surveillance Coinbase is among several venues asked to detail trade-surveillance controls to European supervisors.	Neutral
2026-02-27	CoinDesk	Brief outage during high-volatility session Users reported degraded order entry for roughly 40 minutes; the company said no funds were affected.	Negative
2025-12-09	Reuters	Quarterly results beat expectations on custody fees Revenue mix continued to shift toward recurring custody and staking services.	Positive
2025-10-14	Bloomberg	Exchange settles state-level staking dispute A multi-state matter over staking products was resolved with disclosure undertakings.	Neutral

Risk events

Incidents & enforcement

Date	Type	Amount	Description
2023-07-19	Enforcement	—	State securities regulators issued show-cause orders regarding staking-as-a-service products; resolved with disclosure changes.
2023-01-04	Fine	USD 50,000,000	NYDFS consent order over historical AML and KYC backlog controls.
2021-09-20	Outage	—	Platform degradation during a high-volume trading window; no customer asset loss reported.

Profile

Key facts

Founded2012

Websitecoinbase.com

Fiat currenciesUSD, EUR, GBP

Proof of reservesPartial

Custody modelSegregated qualified custody (trust entity)

Legal entitiesCoinbase Global, Inc. (US) · Coinbase Europe Ltd (IE) · CB Payments Ltd (UK)

Coinbase

AuthorizedMiCA authorizedESMA register

Coinbase Global, Inc.

Exchange🇺🇸 United States Founded 2012coinbase.com

Visit website

Last reviewed

2026-08-11

Compliance snapshot

MiCA CASP authorization — CBI, Ireland — covers EU/EEA passporting
FinCEN MSB registered (US) and NYDFS BitLicense holder
Trustpilot 4.2/5 · 12,400 reviews
No major security incident affecting customer assets since 2021

Overall concern

Low concern

Publicly listed group with a MiCA CASP authorization in the EU, federal and state-level US registrations, and no material unresolved enforcement matters.

Regulatory

Licenses & registrations

Jurisdiction	Regulator	Authorization	Status	Reference	Granted
🇮🇪 Ireland	Central Bank of IrelandCBI	MiCA CASP authorization	Authorized	C-IE-2025-0187	2025-01-30
🇺🇸 United States	Financial Crimes Enforcement NetworkFinCEN	MSB registration	Registered	31000-1120-4482	2013-06-11
🇺🇸 United States (NY)	New York State Department of Financial ServicesNYDFS	BitLicense / trust charter	Authorized	NY-VC-2017-0031	2017-01-17
🇬🇧 United Kingdom	Financial Conduct AuthorityFCA	Cryptoasset firm registration (AML)	Registered	FRN 900635	2020-08-14
🇸🇬 Singapore	Monetary Authority of SingaporeMAS	Major Payment Institution licence (DPT)	Authorized	PS20230114	2023-10-02

🇮🇪 Ireland
Authorized
MiCA CASP authorization
Central Bank of IrelandCBI
C-IE-2025-01872025-01-30
🇺🇸 United States
Registered
MSB registration
Financial Crimes Enforcement NetworkFinCEN
31000-1120-44822013-06-11
🇺🇸 United States (NY)
Authorized
BitLicense / trust charter
New York State Department of Financial ServicesNYDFS
NY-VC-2017-00312017-01-17
🇬🇧 United Kingdom
Registered
Cryptoasset firm registration (AML)
Financial Conduct AuthorityFCA
FRN 9006352020-08-14
🇸🇬 Singapore
Authorized
Major Payment Institution licence (DPT)
Monetary Authority of SingaporeMAS
PS202301142023-10-02

User signals

Reputation

Trustpilot-style score

4.2/ 5

4.2

12,400 reviews

Improving (12m)

App ratings

App Store: 4.6
Google Play: 4.3

Press sentiment (12m)

Positive6

Neutral3

Negative2

Media

Recent press

2026-07-22
Coinbase expands EU operations under MiCA passportPositive
Reuters — The exchange said it will serve all EEA markets from its Irish entity following its CASP authorization.
2026-06-05
Institutional custody assets reach new highPositive
Bloomberg — Custodied assets for institutional clients grew on the back of ETF-related mandates.
2026-04-18
Regulators press exchanges on market surveillanceNeutral
Financial Times — Coinbase is among several venues asked to detail trade-surveillance controls to European supervisors.
2026-02-27
Brief outage during high-volatility sessionNegative
CoinDesk — Users reported degraded order entry for roughly 40 minutes; the company said no funds were affected.
2025-12-09
Quarterly results beat expectations on custody feesPositive
Reuters — Revenue mix continued to shift toward recurring custody and staking services.
2025-10-14
Exchange settles state-level staking disputeNeutral
Bloomberg — A multi-state matter over staking products was resolved with disclosure undertakings.

History

Incidents & enforcement

2023-07-19Enforcement
State securities regulators issued show-cause orders regarding staking-as-a-service products; resolved with disclosure changes.
2023-01-04FineUSD 50,000,000
NYDFS consent order over historical AML and KYC backlog controls.
2021-09-20Outage
Platform degradation during a high-volume trading window; no customer asset loss reported.