According to CoinDesk, Coebase UK CEO Zeeshan Feroz announced in a blog post on Saturday that after Coinbase opened its office in Dublin a year later, the exchange has now obtained an electronic currency license issued by the Irish Central Bank, saying that Coinbase is the first One of the companies approved by the central bank. According to Feroz, the license will also help open the EU and the European Economic Area (EEA) market for Coinbase customers. The Irish government-backed business development agency, IDA Ireland, is an organization that attracts foreign investment. Its CEO, Mike Shanahan, said Coinbase chose to launch the business in Dublin, strengthening Ireland's landing as a financial services company. The advantage of the point provides a consistent, definite, pro-business policy environment for the growth and prosperity of the company.