#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 marks Bullish's ability to expand its services in the European Economic Area (EEA) and plans to operate under the framework of the Markets in Crypto-Assets Regulation (MiCA), which will come into effect on December 30, 2024. Bullish DE has already integrated with BaFin-licensed crypto trading institution tradias and commenced trading, actively attracting professional and institutional investors in Germany, providing secure and compliant digital asset trading services. Bullish's German license will enable it to expand its services across the EEA under the MiCA regulatory framework, subject to regulatory approval.