Trade Republic Granted Full MiCA License by BaFin

Trade Republic, one of the largest fintech platforms in Europe, has recently obtained a full MiCA license from Germany’s financial regulator, BaFin. This authorization allows the company to offer crypto custody services and manage operations such as order execution, transmission, and account transfers in accordance with the European regulation on crypto-asset markets.

The MiCA regulation, adopted by the European Union to bring structure to the cryptocurrency market, will come into force in 2024, and Germany appears to play a key role in its enforcement. According to statistics, around 36% of MiCA licenses have already been granted by BaFin, signaling the German authority’s active involvement in overseeing the sector.

For Trade Republic, the license opens the door to operating in 30 countries within the European Economic Area, offering fully regulated services. This step marks a major milestone in the professionalization of the European crypto market and may contribute to increasing institutional investor confidence.