Bullish DE obtained licenses for crypto asset custody, proprietary trading, and principal brokerage to position itself for expansion in Europe under the Markets in Crypto-Assets Regulation (MiCA)

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This development could pave the way for further advancements in the EU crypto market.

Bullish DE plans to focus on services designed for institutional and professional investors, leveraging its new licenses to enhance its offerings within the European market

This milestone positions Bullish DE for broader European expansion under the Markets in Crypto-Assets Regulation, which took effect in December 2024

FRANKFURT, January 8, 2025 – Bullish Group, one of the leading providers of digital asset market infrastructure and information services, today announced that its German digital asset trading business received cryptoasset custody, proprietary trading, and principal brokerage licenses from the German Federal Financial Supervisory Authority (BaFin) on December 20, 2024.

The approvals, granted on Dec. 20, cover crypto asset custody, proprietary trading, and principal brokerage.