Lunar Becomes First Scandinavian Challenger Bank With New EU License

Lunar Becomes First Scandinavian Challenger Bank With New EU License

Danish challenger bank Lunar has become the first financial institution in Scandinavia to receive a Crypto-Asset Service Provider (CASP) license under the EU's Markets in Crypto-Assets regulation. The authorization covers Lunar Block, the bank's in-app crypto trading platform launched in 2022.Lunar Secures First MiCA Crypto License in ScandinaviaThe MiCA license replaces Lunar's previous registration with Denmark's financial regulator, Finanstil…

Lunar Achieves Milestone as First Scandinavian Provider to Obtain MiCA Crypto License | Fintech InShorts: Latest fintech news, analysis by experts

Revolutionizing the Crypto Landscape in Scandinavia: Lunar’s Groundbreaking License Acquisition Highlights: Lunar becomes the first company in Scandinavia to secure a MiCA license for cryptocurrency operations. This landmark move positions Lunar as a leader in compliance and regulation within the rapidly evolving crypto market. The MiCA framework aims to enhance consumer protection and market integrity in the European digital asset space. Lunar…

Lunar First in Scandinavia to Receive MiCA License for Crypto Services

Lunar has been authorised as a Crypto-Asset Service Provider (CASP) under the EU’s new Markets in Crypto-Assets (MiCA) regulation, making its crypto platform Lunar Block the first in Scandinavia to operate under this license. This means clear risk info, transparent pricing, and defined user rights. The MiCA license enables crypto platforms, such as Lunar Block, to operate with stronger consumer protections under the first European regulation for…