TechFlow News, May 6: According to CoinDesk, cryptocurrency custody provider Taurus has obtained an investment license under the EU’s Markets in Financial Instruments Directive II (MiFID II) from the Cyprus Securities and Exchange Commission (CySEC). This license enables Taurus to offer tokenized financial instrument services to EU banks and asset management firms, supporting secondary trading of tokenized bonds, fund shares, equities, and structured products.
Additionally, Taurus already holds a license from Switzerland’s Financial Market Supervisory Authority (FINMA), and its application for authorization under the EU’s Markets in Crypto-Assets Regulation (MiCA) is underway.
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