#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 authorization to operate crypto asset businesses in Germany and plans to expand its services across the European Economic Area (EEA) under the upcoming Markets in Crypto-Assets (MiCA) framework. Bullish has appointed Marco Bodewein as Managing Director of Bullish DE, who brings 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, BaFin-authorized crypto trading institution tradias has integrated with Bullish DE and commenced trading, further strengthening Bullish's presence in the European market. This licensing signifies Bullish's ability to operate legally and compliantly in the European market, laying a solid foundation for its future growth.