#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 framework of the Markets in Crypto-Assets Regulation (MiCA), which comes into effect on December 30, 2024, to expand its services in the European Economic Area. Additionally, BaFin-authorized crypto trading institution tradias has completed integration 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 enables Bullish to expand its services within the European Economic Area and plans to expand based on the framework of the Markets in Crypto-Assets Regulation (MiCA), which will come into effect on December 30, 2024. Bullish has appointed Marco Bodewein as Managing Director of Bullish DE, who has extensive experience in crypto and financial services, and will lead the company to actively attract professional and institutional investors in Germany, providing secure and compliant digital asset trading services. In addition, tradias, a BaFin-authorized crypto trading institution, has completed integration with Bullish DE and started trading, further strengthening Bullish's presence in the German market. This licensing marks a significant step for Bullish in the European market and reflects its commitment to compliance and regulation.
Public Sentiment · Discussion Word Cloud
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 offer crypto asset trading and custody services in the European Economic Area
Bullish DE has received licenses for crypto asset custody, proprietary trading and prime brokerage
Bullish DE is actively attracting professional and institutional investors in Germany