#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 ability to expand its services within the European Economic Area and plans to further expand its business scope under the framework of the Markets in Crypto-Assets Regulation (MiCA), which will come into effect on December 30, 2024. Bullish DE has already completed integration with BaFin-licensed crypto trading institution tradias and has begun trading, actively attracting professional and institutional investors in Germany to provide secure and compliant digital asset trading services. This move by Bullish demonstrates its confidence in the European market and its desire to provide investors with a safer and more compliant trading environment through regulatory licensing.