Sygnum Unit Receives Liechtenstein License as a Crypto Asset Service Provider
Summary
Sygnum obtained a crypto license from Liechtenstein, enabling expansion into the EU under the Markets in Crypto-Assets Regulation (MiCA). The license allows Sygnum to offer regulated digital asset services, including brokerage, custody, and banking. MiCA provides a framework for crypto companies to operate across the EU and the European Economic Area. MiCA's stablecoin rules began in June, with further regulations expected by December. EU countries are accepting registrations for crypto-asset service provider regimes. This move allows Sygnum to significantly expand its regulated operations within the EU.
