TechFlow news: Digital asset banking group Sygnum announced that its subsidiary has obtained a crypto asset service provider license in Liechtenstein. This enables Sygnum to offer regulated digital asset brokerage, custody, and banking services, paving the way for its expansion into the EU market under the European Union's Markets in Crypto-Assets Regulation (MiCA).
MiCA allows companies licensed in one member state to operate across all EU and European Economic Area countries. As MiCA is progressively implemented, Sygnum joins other crypto firms such as Coinbase and Circle preparing for expansion in Europe.
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