CoinVoice has recently learned that according to an official announcement from the crypto exchange Bullish, its German subsidiary Bullish DE Custody GmbH has obtained licenses for crypto asset custody, proprietary trading, and prime brokerage from the Federal Financial Supervisory Authority (BaFin) of Germany.

Bullish plans to expand its services in the European Economic Area based on the (Regulation on Markets in Crypto-assets) (MiCA) framework, which takes effect on December 30, 2024. The company has appointed Marco Bodewein as the General Manager of Bullish DE, who has held significant positions at futurum bank AG and Bitcoin Group SE, bringing extensive experience in crypto and financial services.

In addition, the crypto trading institution tradias authorized by BaFin has completed integration with Bullish DE and has started trading. Bullish DE is actively attracting professional and institutional investors in Germany, providing safe and compliant digital asset trading services. [Original link]