Dutch Bitcoin Asset Manager Blockrise Obtains MiCAR License for European Expansion
PositiveCryptocurrency
- Dutch Bitcoin asset manager Blockrise has successfully obtained a MiCAR license from the Dutch Authority for the Financial Markets, allowing it to expand its operations across Europe. This license enables regulated Bitcoin custody and trading, as well as the provision of Bitcoin-backed loans to businesses in the region.
- The acquisition of the MiCAR license is a significant milestone for Blockrise, as it positions the company to offer innovative financial products and services that integrate cryptocurrency into traditional business financing, enhancing its competitive edge in the growing digital asset market.
- This development reflects a broader trend of increasing regulatory acceptance of cryptocurrency in Europe, as businesses seek to leverage digital assets for financing solutions. The move also highlights the ongoing evolution of the financial landscape, where traditional banking and cryptocurrency are increasingly intersecting, paving the way for more integrated financial services.
— via World Pulse Now AI Editorial System
