#Bullish receives German license#

Bullish, the crypto exchange, has 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 official entry into the European market, and the company plans to expand its services in the European Economic Area (EEA) under the framework of the Markets in Crypto-Assets Regulation (MiCA), which will come into effect on December 30, 2024. Marco Bodewein, Managing Director of Bullish DE, has extensive experience in crypto and financial services and will lead the team in actively attracting professional and institutional investors in Germany, providing secure and compliant digital asset trading services. Notably, tradias, a BaFin-authorized crypto trading institution, has already integrated with Bullish DE and commenced trading, further enhancing Bullish's competitiveness in the European market. This licensing signifies a significant milestone in Bullish's European market development strategy and reflects the regulatory authorities' recognition and support for the crypto asset industry. In the future, Bullish will continue to be committed to providing European investors with secure, compliant, and efficient digital asset trading services.