Boerse Stuttgart Digital Custody has become Germany’s first crypto asset service provider to receive a full license under the European Union’s new Markets in Crypto-Assets Regulation (MiCA).
Boerse received a Europe-wide license, as part of the firm’s efforts to become a regulated infrastructure provider for banks, brokers and asset managers.
The company was granted the license on Jan. 17 by Germany’s Federal Financial Supervisory Authority, known as BaFin.
Bernd Stockmann, head of group communications at Boerse Stuttgart Group, confirmed the achievement in an email to Cointelegraph.
“We can confirm that we received an official Authorisation from BaFin to provide crypto asset services. We received the license this morning,” he stated.
The license approval comes over two weeks after the implementation of Europe’s MiCA the world’s first comprehensive regulatory crypto framework, which went into full effect for crypto-asset service providers on Dec. 30.
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This is a developing story, and further information will be added as it becomes available.







