#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 upcoming MiCA regulatory framework. Bullish has appointed Marco Bodewein as Managing Director of Bullish DE and has begun trading after integrating with BaFin-authorized crypto trading institution tradias. 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 framework to provide secure and compliant digital asset trading services and actively attract 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.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Bullish obtains BaFin license in Germany, marking a significant step in its European market expansion.
Bullish will leverage the MiCA regulatory framework to expand its services in the European Economic Area and provide secure and compliant digital asset trading services.
Bullish accelerates its German market expansion through the acquisition of tradias, a BaFin-licensed crypto trading institution.
Bullish appoints Marco Bodewein as Managing Director of its German subsidiary, whose extensive experience in crypto and financial services will support the company's growth in the German market.