BitFlyer Europe, a subsidiary of Japanese crypto exchange bitFlyer Holdings, has obtained a MiCA CASP license from the Luxembourg financial regulator CSSF, effective June 26. This marks the first time a Japanese crypto exchange has received a MiCA CASP license, allowing bitFlyer to offer cross-border crypto services across all 27 EU member states. The move signifies the entry of Japanese exchanges into the EU's unified regulatory framework under MiCA.
According to CoinPost, bitFlyer Europe, a Luxembourg-based subsidiary of bitFlyer Holdings, has been granted a MiCA Crypto Asset Service Provider (CASP) license by the Luxembourg Financial Supervisory Authority (CSSF), effective June 26. With this license, bitFlyer can now provide cross-border crypto asset services across all 27 EU member states.
BitFlyer stated that this is the first time a Japanese crypto exchange has obtained a MiCA CASP license, marking a significant step for Japanese exchanges in European regulatory compliance. MiCA (Markets in Crypto-Assets Regulation) is the EU's unified regulatory framework for crypto assets, designed to protect investors and foster innovation. Entities holding a CASP license can offer compliant services across the entire EU market.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
