#Bullish receives German license#

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. This marks Bullish's official authorization to conduct crypto asset trading and custody operations in Germany. The company plans to leverage the upcoming Markets in Crypto-Assets (MiCA) framework to expand its services across the European Economic Area. Marco Bodewein, Managing Director of Bullish DE, 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. Additionally, BaFin-authorized crypto trading institution tradias has integrated with Bullish DE and commenced trading, further strengthening Bullish's competitiveness in the German market. Obtaining this German license signifies a strategic advancement in Bullish's European market expansion and reflects its proactive adaptation and embrace of the European regulatory environment.