#Bullish receives German license#
Hot Topic Overview
Overview
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 MiCA regulatory framework. Bullish plans to leverage the MiCA framework, which comes into effect on December 30, 2024, to expand its services in the European Economic Area. The company has appointed Marco Bodewein as Managing Director of Bullish DE, who brings extensive experience in crypto and financial services. Additionally, BaFin-authorized crypto trading institution tradias has integrated with Bullish DE and commenced trading. Bullish DE is actively attracting professional and institutional investors in Germany, offering secure and compliant digital asset trading services.
Ace Hot Topic Analysis
Analysis
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, who has extensive experience in crypto and financial services, as Managing Director of Bullish DE and has integrated with BaFin-licensed crypto trading firm tradias to begin executing trades. The German license marks a significant step for Bullish in the European market and demonstrates its confidence in the development of the European crypto market.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Bullish obtains BaFin license in Germany, expanding its services in the European Economic Area.
Bullish will leverage the MiCA regulatory framework to offer crypto asset trading and custody services in the European Economic Area.
Bullish DE Custody GmbH has been granted a license for crypto asset custody, proprietary trading and prime brokerage by the German Federal Financial Supervisory Authority (BaFin).
Bullish DE is actively attracting professional and institutional investors in Germany, providing secure and compliant digital asset trading services.