AGÕæÈ˹ٷ½

STOCK TITAN

Bullish completes MiCAR license uplift with Germany's BaFin for digital asset trading and custody services across the European Union

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags

Bullish (NYSE:BLSH), a global digital asset platform, has secured a Markets in Crypto-Assets Regulation (MiCAR) license from Germany's BaFin regulatory authority through its subsidiary Bullish Europe GmbH. This regulatory approval enables Bullish to provide digital asset trading and custody services across the European Union.

Operating from its European headquarters in Frankfurt, Bullish will continue under BaFin's supervision, offering regulated and transparent trading services to meet growing institutional demand in Europe, the world's second-largest cryptoasset economy. The MiCAR license represents an uplift from the company's previous crypto brokerage and custody licenses.

Bullish (NYSE:BLSH), piattaforma globale di asset digitali, ha ottenuto una licenza Markets in Crypto-Assets (MiCAR) dall'autorità di vigilanza tedesca BaFin tramite la sua controllata Bullish Europe GmbH. Questo via libera normativo permette a Bullish di offrire servizi di trading e custodia di asset digitali in tutta l'Unione Europea.

Con sede europea a Francoforte, Bullish opererà sotto la supervisione della BaFin, proponendo servizi di trading regolamentati e trasparenti per rispondere alla crescente domanda istituzionale in Europa, la seconda economia di cryptoasset al mondo. La licenza MiCAR costituisce un avanzamento rispetto alle precedenti autorizzazioni dell'azienda per brokeraggio e custodia cripto.

Bullish (NYSE:BLSH), una plataforma global de activos digitales, ha obtenido una licencia Markets in Crypto-Assets (MiCAR) de la autoridad reguladora alemana BaFin a través de su filial Bullish Europe GmbH. Esta aprobación regulatoria permite a Bullish ofrecer servicios de negociación y custodia de activos digitales en toda la Unión Europea.

Operando desde su sede europea en Fráncfort, Bullish permanecerá bajo la supervisión de BaFin, proporcionando servicios de negociación regulados y transparentes para atender la creciente demanda institucional en Europa, la segunda economía de criptoactivos más grande del mundo. La licencia MiCAR representa una mejora respecto a las matrículas previas de corretaje y custodia cripto de la compañía.

Bullish (NYSE:BLSH), 글로벌 디지í„� ìžì‚° 플랫í¼ì´ ìžíšŒì‚� Bullish Europe GmbHë¥� 통해 ë…ì¼ ê·œì œ 당국 BaFin으로부í„� Markets in Crypto-Assets 규정(MiCAR) ë¼ì´ì„ ìФì� ì·¨ë“했습니다. ì´ë²ˆ 규제 승ì¸ìœ¼ë¡œ BullishëŠ� 유럽연합 ì „ì—­ì—서 디지í„� ìžì‚° 거래 ë°� ë³´ê´€ 서비스를 제공í•� ìˆ� 있게 ë˜ì—ˆìŠµë‹ˆë‹�.

프랑í¬í‘¸ë¥´íЏì—� 있는 유럽 본사ì—서 ìš´ì˜ë˜ëŠ” BullishëŠ� BaFinì� ê°ë… í•˜ì— ê³„ì† í™œë™í•˜ë©°, 유럽ì—서 늘어나는 기관 수요ë¥� 충족하기 위해 규제ë� 투명í•� 거래 서비스를 제공í•� 예정입니ë‹�. MiCAR ë¼ì´ì„ ìФëŠ� 회사ì� 기존 암호화í 중개 ë°� ë³´ê´€ 허가ì—서 í•� 단계 발전í•� 것입니다.

Bullish (NYSE:BLSH), plateforme mondiale d'actifs numériques, a obtenu une licence Markets in Crypto-Assets (MiCAR) de l'autorité de régulation allemande BaFin via sa filiale Bullish Europe GmbH. Cette approbation réglementaire permet à Bullish de fournir des services de négociation et de conservation d'actifs numériques dans l'ensemble de l'Union européenne.

Basée à Francfort pour son siège européen, Bullish restera sous la supervision de la BaFin, offrant des services de trading régulés et transparents afin de répondre à la demande institutionnelle croissante en Europe, la deuxième économie de crypto-actifs au monde. La licence MiCAR constitue une montée en gamme par rapport aux précédentes autorisations de courtage et de conservation cryptos de la société.

Bullish (NYSE:BLSH), eine globale Plattform für digitale Assets, hat über ihre Tochtergesellschaft Bullish Europe GmbH eine Markets in Crypto-Assets-Verordnung (MiCAR)-Lizenz von der deutschen Aufsichtsbehörde BaFin erhalten. Diese regulatorische Zulassung ermöglicht es Bullish, Handels- und Verwahrungsdienstleistungen für digitale Assets in der gesamten Europäischen Union anzubieten.

Mit Sitz seiner europäischen Zentrale in Frankfurt wird Bullish weiterhin unter der Aufsicht der BaFin arbeiten und regulierte, transparente Handelsdienstleistungen anbieten, um der wachsenden institutionellen Nachfrage in Europa, der weltweit zweitgrößten Krypto-Asset-Ökonomie, gerecht zu werden. Die MiCAR-Lizenz stellt eine Aufwertung gegenüber den bisherigen Broker- und Verwahrlaubnissen des Unternehmens dar.

Positive
  • Secured MiCAR license from BaFin for EU-wide crypto operations
  • Strategic presence in Frankfurt, a major European financial hub
  • Operating under rigorous EU regulatory standards
  • Access to Europe's crypto market, the second largest globally
Negative
  • None.

Insights

Bullish secures key EU-wide MiCAR license, strengthening regulatory position and expanding institutional market access in Europe's crypto economy.

Bullish's achievement in securing a full MiCAR license from Germany's BaFin represents a significant regulatory milestone that transforms the company's operational capabilities across the entire European Union. This regulatory uplift advances Bullish from its previous grandfathered status under crypto brokerage and custody licenses to a comprehensive pan-European operational framework under the Markets in Crypto-Assets Regulation.

The strategic importance of this approval cannot be overstated. Europe constitutes the second largest cryptoasset economy globally, and this license positions Bullish to capture institutional demand in this crucial market. By maintaining BaFin as their supervisory authority—one of Europe's most rigorous and respected financial regulators—Bullish gains substantial credibility with institutional investors who prioritize regulatory clarity and oversight.

The company's deliberate placement of its European headquarters in Frankfurt, alongside the European Central Bank, further signals its commitment to operating within the most stringent regulatory frameworks. This geographic and regulatory positioning creates a competitive advantage in attracting institutional clients who require partners with unimpeachable regulatory standing.

This MiCAR approval follows recent regulatory achievements in Germany and Hong Kong, demonstrating a consistent global strategy of securing top-tier regulatory clearances in major financial markets. For institutional investors, Bullish now offers a rare combination: a global digital asset platform with comprehensive regulatory compliance across multiple major jurisdictions, potentially reducing counterparty and regulatory risks that have traditionally concerned institutional participation in digital asset markets.

FRANKFURT, Germany, Sept. 5, 2025 /PRNewswire/ -- (NYSE:BLSH), an institutionally focused global digital asset platform that provides market infrastructure and information services, today announced that its German subsidiary, Bullish Europe GmbH, has secured a license under the Markets in Crypto-Assets Regulation (MiCAR) from the German Federal Financial Supervisory Authority (BaFin). MiCAR is a pan-European Union regime, under which Bullish Europe was previously grandfathered through its crypto brokerage and custody licenses from BaFin.

"Europe is the second largest cryptoasset economy in the world and institutional demand for regulated, transparent trading venues is growing rapidly," said Chris Tyrer, President of Bullish Exchange. "We believe that our MiCAR approval allows us to continue to meet that demand head-on, by offering the trusted execution that institutions need to confidently engage with digital assets."

The business has its European headquarters in Frankfurt, one of Europe's leading financial hubs and home to the European Central Bank, underscoring its commitment to operating under the most rigorous regulatory standards in the EU. Under MiCAR, firms remain under the supervision of their home country regulator, which means that Bullish will continue to be subject to ongoing oversight by BaFin, a regulator trusted and respected by institutional investors and other major regulators alike.

"We view BaFin's continued and globally respected oversight as a bedrock of trust for our European operations," said Marco Bodewein, Managing Director of Bullish Europe. "We are proud to offer European institutions and advanced traders a partnership founded on rigorous supervision and the highest level of regulatory clarity."

Bullish's EU MiCAR license follows its recent regulatory milestones in and . Institutions and advanced traders interested to begin onboarding should contact [email protected] or .

About Bullish

Bullish is an institutionally focused global digital asset platform that provides market infrastructure and information services. These include: Bullish Exchange � a regulated and institutionally focused digital assets spot and derivatives exchange, integrating a high-performance central limit order book matching engine with automated market making to provide deep and predictable liquidity. Bullish Exchange is regulated in the United States, Germany, Hong Kong, and Gibraltar. CoinDesk Indices � a collection of tradable proprietary and single-asset benchmarks and indices that track the performance of digital assets for global institutions in the digital assets and traditional finance industries. CoinDesk Data - a broad suite of digital assets market data and analytics, providing real-time insights into prices, trends, and market dynamics. CoinDesk Insights � a digital asset media and events provider and operator of , a digital media platform that covers news and insights about digital assets, the underlying markets, policy, and blockchain technology. For more information, please visit and follow and .

Use of Websites to Distribute Material Company Information

We use the Bullish Investor Relations website () and our X account () to publicize information relevant to investors, including information that may be deemed material, in addition to filings we make with the U.S. Securities and Exchange Commission (SEC) and press releases. We encourage investors to regularly review the information posted on our website and X account in addition to our SEC filings and press releases to be informed of the latest developments.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Sentences containing words such as "believe," "intend," "plan," "may," "expect," "should," "could," "anticipate," "estimate," "predict," "project," or their negatives, or other similar expressions of a future or forward-looking nature generally should be considered forward-looking statements and include, without limitation, statements relating to future events or Bullish's future financial or operating performance, business strategy, and potential market opportunity, including in Europe. Such forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Bullish, are inherently uncertain and are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Factors that may cause results to differ from those expressed in our forward-looking statements include, but are not limited, to our ability to grow our business and operations, including in new geographic locations, the costs or expenditures associated therewith, competition in our industry, and the evolving rules and regulations applicable to digital assets and our industry. You should not place undue reliance on any such forward-looking statements, which speak only as of the date they are made, and Bullish undertakes no duty to update these forward-looking statements.

Ìý

Cision View original content to download multimedia:

SOURCE Bullish

FAQ

What regulatory approval did Bullish (NYSE:BLSH) receive from BaFin in September 2025?

Bullish received a Markets in Crypto-Assets Regulation (MiCAR) license from Germany's BaFin, allowing it to provide digital asset trading and custody services across the European Union.

Where is Bullish Europe's headquarters located and why is it significant?

Bullish Europe's headquarters is located in Frankfurt, Germany, which is significant as it's one of Europe's leading financial hubs and home to the European Central Bank.

How does the MiCAR license benefit Bullish's European operations?

The MiCAR license enables Bullish to offer regulated, transparent trading services to institutions across the European Union under BaFin's trusted supervision.

What is the significance of Europe's crypto market for Bullish (BLSH)?

Europe represents the second largest cryptoasset economy globally, with growing institutional demand for regulated and transparent trading venues.

Who will regulate Bullish's European operations under the MiCAR license?

Under MiCAR, Bullish will continue to be regulated by BaFin, Germany's Federal Financial Supervisory Authority, as the home country regulator.
BLSH

:BLSH

BLSH Rankings

BLSH Latest News

BLSH Stock Data