#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 and 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 license allows Bullish to expand its services across the European Economic Area under the MiCA regulatory framework. The company plans to further expand its operations under the MiCA framework, which will come into effect on December 30, 2024. Bullish has also appointed Marco Bodewein as Managing Director of Bullish DE. Bodewein 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 completed integration with Bullish DE and has begun trading. Bullish DE is actively attracting professional and institutional investors in Germany, offering secure and compliant digital asset trading services.
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, providing secure and compliant digital asset trading services.
Bullish DE has obtained licenses for crypto asset custody, proprietary trading and prime brokerage, and has already integrated with tradias, a BaFin-authorized crypto trading institution.
Bullish DE will actively attract professional and institutional investors in Germany, providing them with secure and compliant digital asset trading services.