币界网报道:Coinbase shares surged over 40% this week, reaching their highest level since December 2021, following the company's announcement of receiving regulatory approval to offer crypto services in the European Union. The U.S.-based exchange secured a MiFID II license from the Cyprus Securities and Exchange Commission (CySEC), allowing it to expand derivatives trading to eligible EU customers. This milestone comes as Coinbase intensifies its global expansion efforts amid ongoing regulatory challenges in the U.S., where it has been engaged in a legal battle with the SEC over securities law violations allegations. The EU license enables Coinbase to offer perpetual futures and other regulated crypto products, positioning it to better compete with rivals like Binance in the European market. The stock rally also reflects growing investor optimism about the company's international growth strategy and its ability to navigate complex regulatory environments.