On May 19, according to Cryptonews, German financial regulator BaFin has granted Trade Republic, one of Europe's largest fintech companies, a full Crypto Asset Market Regulation Act (MiCA) license. The license allows the German company to provide crypto asset custody services to its 4 million users covering 17 markets and to operate in all 30 European Economic Area countries.
According to the data, there are currently 25 crypto asset service providers (CASPs) in the European Union that have obtained MiCA licenses, of which 9 (accounting for 36%) are issued by the German regulator BaFin. It is worth noting that all crypto asset service providers need to obtain MiCA licenses by mid-2025, otherwise they will not be able to carry out cross-border business in the European Union area. Many companies in the industry are accelerating their applications.
European Fintech Company Trade Republic Receives Full MiCA License from Germany's BaFin
2025-05-19 09:37:06
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article:
欧洲金融科技公司 Trade Republic 获德国 BaFin 完整 MiCA 牌照Next article:
Arthur Hayes:美债收益率飙升若引发波动加剧,美联储或将迅速开启放水