Trade Republic’s MiCA license from BaFin authorizes it to offer crypto custody, execute and transmit client orders, and facilitate crypto transfers across all 30 European Economic Area (EEA) countries

Event date

May 17, 2025

Quotes that support claims

The license allows Trade Republic to offer all these crypto services throughout the 30 European Economic Area (EEA) countries. However, it would still rely on trading platforms and market makers to execute trades.

According to Circle Senior Director for EU Strategy and Policy, Patrick Hansen, who shared the development on X, the firm is now authorized to custody crypto assets, execute orders, receive and transmit orders, and provide crypto transfers on behalf of clients.

MiCA, which came into force earlier this year, aims to harmonize crypto regulation across the EU by introducing a single licensing regime for all member states. Firms that obtain approval in one country can now offer services across the entire EEA without seeking additional permissions.

The license grants Trade Republic permission to offer crypto custody and facilitate transfers. It also allows the firm to execute or transmit client orders across the 30 European Economic Area (EEA) countries.

Tags

Week 20 of 2025