Bullish Europe Secures MiCA License for Cryptocurrency Operations in Germany

Bullish Europe has received a license under the Markets in Crypto-Assets (MiCA) regulation from Germany's Federal Financial Supervisory Authority (BaFin). This allows the exchange to extend its services across the European Union.

Bullish previously obtained crypto brokerage and custody licenses from BaFin.
The firm will remain under BaFin's supervision as it operates from Frankfurt, Germany.
Bullish Group, the parent company, owns CoinDesk.
Bullish began trading on the NYSE last month, with shares reaching $102 on the first day, up from an IPO price of $37.
As of Thursday's market close, shares are trading at $49.01.