CoinShares Secures European Union MiCA License

Source
YM Lee

Summary

  • CoinShares announced that it has secured the European Union MiCA license.
  • With this approval, it will be able to offer virtual asset portfolio management services across 27 countries.
  • CEO Jean-Marie Mognetti stated that this MiCA approval will become an important milestone for the entire European digital asset industry.

Virtual asset (cryptocurrency) management company CoinShares has announced that it has obtained the comprehensive regulatory MiCA license from the European Union (EU).

According to a report by CoinDesk on the 23rd (local time), CoinShares stated, "We have received license approval from the French Financial Markets Authority (AMF) in accordance with European Union directives, and can now provide virtual asset portfolio management services across 27 countries."

CEO Jean-Marie Mognetti commented, "Receiving MiCA approval from the AMF will be a significant milestone not only for CoinShares, but for the entire European digital asset industry," adding, "Through MiCA, we intend to fully operate as a regulated asset management company."

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YM Lee

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