TechFlow news — On January 8, according to official announcements, Bullish Group, a digital asset infrastructure provider, revealed that its German subsidiary, Bullish DE Custody GmbH, has obtained licenses from Germany's Federal Financial Supervisory Authority (BaFin) for crypto asset custody, proprietary trading, and prime brokerage services. The company also appointed Marco Bodewein, former member of the Management Board of futurum bank AG, as Managing Director for its German operations.
Bullish CEO Tom Farley stated that Germany holds strategic importance as a leading financial center and a rapidly growing digital asset market. With the EU's Markets in Crypto-Assets Regulation (MiCA) coming into effect on December 30, 2024, this license will support Bullish’s expansion across the European Economic Area.
