Revolut and Relai Secure MiCA Licenses in Crypto Sector

The two firms obtained regulatory approval under the EU’s MiCA framework, with Plasma anticipated to join them soon.

BTC

Summary

No Summary provided as the original text is short

Terms & Concepts
  • MiCA: Markets in Crypto-Assets regulation, an EU framework aimed at standardizing rules for crypto service providers across member states.
  • Regulatory approval: Official permission granted by a governing authority allowing a company to operate within certain legal frameworks or standards.
  • Crypto license: Authorization allowing a firm to provide cryptocurrency-related services in compliance with local or regional regulations.