By becoming the first eurozone government to invest part of its reserves in Bitcoin, Luxembourg once again demonstrates its commitment to support emerging and future-oriented investment trends. By far the largest centre in Europe for alternative investment funds, Luxembourg is also fast becoming the hub for serious crytpo firms under the European MiCA (Markets in Crypto-Assets) regulation, which entered into force at beginning of 2025.
More broadly, Luxembourg’s financial center aims to position itself as a leading European hub for digital assets. Already home to HSBC’s Orion platform as well as the location of choice for the bank’s new tokenised deposit services as well as the domicile of Europe’s first tokenised money market funds. More recently, the worlds’ largest listed crypto exchange, Coinbase, established its European crypto hub with a new MiCA license in Luxembourg, and intended on doubling its headcount by the end of next year, while international banking giant Standard Chartered opened a branch to provide digital asset custody services in Europe.