#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 enables Bullish to expand its services across the European Economic Area under the upcoming Markets in Crypto-Assets Regulation (MiCA) framework. Bullish plans to leverage the MiCA framework to provide secure and compliant digital asset trading services to professional and institutional investors in Germany. To achieve this, Bullish has appointed Marco Bodewein, who has extensive experience in crypto and financial services, as Managing Director of Bullish DE and has integrated with BaFin-licensed crypto trading firm tradias to begin trading. This licensing marks a significant step for Bullish in the European market and reflects its confidence in the development of the European crypto market.