The U.S. crypto exchange Coinbase is under pressure in its home market USA. Not only the crypto crash in 2022 but, above all, the legal dispute with the influential U.S. Securities and Exchange Commission (SEC) is putting pressure on the company. Now, the European market, which will be regulated by MiCA in 2024, is increasingly on Coinbase radar. It plans to cooperate with the Austrian crypto player Bitpanda in the European market.