#Bullish receives German license#

Bullish, the crypto exchange, announced that its German subsidiary, Bullish DE Custody GmbH, has received a license from the German Federal Financial Supervisory Authority (BaFin) for crypto asset custody, proprietary trading, and prime brokerage services. This enables Bullish to expand its services across the European Economic Area under the upcoming Markets in Crypto-Assets Regulation (MiCA) framework. Bullish plans to leverage the MiCA regulatory framework to provide secure and compliant digital asset trading services to professional and institutional investors in Germany. To achieve this, Bullish has appointed Marco Bodewein as Managing Director of Bullish DE, who brings extensive experience in crypto and financial services, having held key positions at futurum bank AG and Bitcoin Group SE. Additionally, BaFin-authorized crypto trading institution tradias has integrated with Bullish DE and commenced trading, further strengthening Bullish's presence in the German market. This licensing marks a significant step for Bullish in the European market and demonstrates its confidence in the development of the European crypto market.