
The European subsidiary of the cryptocurrency exchange Bullish has secured a license under the Markets in Crypto-Assets (MiCA) regulation in Germany. This milestone allows Bullish Europe to passport its services across EU member states. The license was granted by the Federal Financial Supervisory Authority (BaFin), following the company’s earlier acquisition of crypto brokerage and custody licenses.
Key Points:
- Bullish Europe can now operate its services throughout the European Union (EU).
- Regulatory oversight will remain with BaFin, given the company is headquartered in Frankfurt.
- Bullish, whose parent company also owns CoinDesk, began trading on the New York Stock Exchange last month.
For more details, see this article.