Webull has successfully obtained approval under the Markets in Crypto-Assets Regulation (MiCAR) to launch its crypto services across Europe. The approval was granted in the Netherlands, enabling Webull to provide regulated crypto custody services to European clients.
This development marks a significant step for Webull as it expands its offerings within the European Union's regulatory framework for digital assets. The company plans to roll out these services later this year, adhering to the bloc's comprehensive digital asset rulebook.
The MiCAR approval allows Webull to operate within a regulated environment, ensuring compliance with EU standards for crypto services. This move is expected to enhance the company's presence in the European market and offer secure and compliant crypto solutions to its users.
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