Trade Republic Obtains the MiCA License to Operate with Cryptoactives

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Trade Republic has received the MiCA license from the Federal Financial Supervision Authority (BaFin), the German banking regulator, to operate with cryptoactives. It thus becomes one of the first European banks to obtain this permit. The Criptoactive Markets Regulation (MiCA) is the legislative framework of the European Union to regulate this type of asset in all Member States.

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Summary: Trade Republic obtains its MiCAR license from the German BaFin, becoming one of the first European banks to win this regulatory sesame The license allows Trade Republic to offer its crypto services (more than 50 assets) to the whole European market with unified rules The neobank takes a lead in a now locked market Trade Republic strengthen its offer with 24-hour fixed commission trading of 1 euro, a free savings plan, and secure storage…