#Bullish receives German license#

Bullish, a crypto exchange, has announced that it has received a license from the German Federal Financial Supervisory Authority (BaFin) to operate as a crypto asset trading and custody provider. This will enable the company to expand its services across the European Economic Area under the MiCA regulatory framework. Bullish's German subsidiary, Bullish DE Custody GmbH, has been granted a license by BaFin for crypto asset custody, proprietary trading, and prime brokerage services. 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. The company has appointed Marco Bodewein as Managing Director of Bullish DE, who brings extensive experience in crypto and financial services. Additionally, tradias, a BaFin-authorized crypto trading institution, has completed its integration with Bullish DE and has begun trading. Bullish DE is actively attracting professional and institutional investors in Germany, offering secure and compliant digital asset trading services.