Nasdaq-listed company has had a presence in the Republic since 2018
Cormac Dinan, who leads Coinbase’s Irish operations, told The Irish Times in February that Dublin was on a shortlist of cities for the hub. Photograph: Gabby Jones/The New York Times
The Nasdaq-listed company has had a presence in the city since 2018, employing 130 people in Ireland at last count after a number of rounds of job cuts over the past year. Once authorised by the regulator, the licence will give the company regulatory ‘passport’ of sorts, which is recognised by other EU countries, making it easier to roll out products and services elsewhere within the union. In the Republic, the competent authority is the Central Bank of Ireland although it is understood that Coinbase has not yet submitted its application for authorisation.American antitrust case against Google comes after 25 years of inertia.
Nana Murugesan, Coinbase’s vice-president of international, said in an interview with CNBC: “As soon as MiCA was passed into law, and even before that, we’ve been considering a number of member states. It was a long decision making process and we’ve been very impressed with the engagement from Ireland throughout.”
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