Bullish DE Secures BaFin License to Expand Crypto Services in Europe

According to PANews, Bullish DE Custody GmbH, a subsidiary of the crypto exchange Bullish, has received a license from Germany's Federal Financial Supervisory Authority (BaFin) for crypto asset custody, proprietary trading, and prime brokerage services. Bullish plans to leverage the Markets in Crypto-Assets (MiCA) regulation framework, effective December 30, 2024, to expand its services within the European Economic Area. Marco Bodewein has been appointed as the General Manager of Bullish DE. Bodewein brings extensive experience in crypto and financial services, having held significant positions at futurum bank AG and Bitcoin Group SE. Additionally, the BaFin-authorized crypto trading platform tradias has integrated with Bullish DE and commenced trading. Bullish DE is actively targeting professional and institutional investors in Germany, aiming to provide secure and compliant digital asset trading services.