European fintech company Trade Republic has obtained a full MiCA license from the German regulator BaFin.

2025-05-19 13:44:31

Abstract generation in progress

According to Deep Tide TechFlow news on May 19, as reported by Cryptonews, Germany’s financial regulator BaFin has granted a full crypto asset market regulation (MiCA) license to Trade Republic, one of Europe’s largest fintech companies. This license allows the German company to provide crypto asset accomplice services for its 4 million users across 17 markets and to operate in all 30 European Economic Area countries.

Data shows that there are currently 25 crypto asset service providers (CASP) within the EU that have obtained MiCA licenses, of which 9 (accounting for 36%) were issued by the German regulatory authority BaFin. It is noteworthy that all crypto asset service providers must obtain a MiCA license by mid-2025, otherwise they will not be able to conduct cross-border business in the EU.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.