#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 also appointed Marco Bodewein as Managing Director of Bullish DE and has begun trading after integrating with BaFin-licensed crypto trading firm 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. The license will allow Bullish to expand its services within the European Economic Area 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 has also appointed Marco Bodewein as Managing Director of Bullish DE, who has extensive experience in crypto and financial services, having held key positions at futurum bank AG and Bitcoin Group SE. In addition, 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, providing secure and compliant digital asset trading services.
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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 provide compliant digital asset trading services
Bullish DE has obtained licenses for crypto asset custody, proprietary trading and prime brokerage
Bullish DE is actively attracting professional and institutional investors in Germany