Relai Secures MiCA License in France to Expand Bitcoin Access
Relai's MiCA license from France's AMF marks a pivotal step in its expansion, providing the firm with the opportunity to offer crypto services across the EU.
BTC
Summary
Relai, a Swiss Bitcoin-only investment app, has secured MiCA authorization from France’s AMF, allowing it to operate as a Crypto-Asset Service Provider across the EU. The company, founded in 2020, aims to simplify Bitcoin access through self-custody services for users across Europe.
Terms & Concepts
- MiCA License: A regulatory framework under the EU’s Markets in Crypto-Assets regulation, governing digital asset service providers across member states.
- Crypto-Asset Service Provider (CASP): An entity authorized under MiCA to offer services such as custody, trading, and investment in crypto-assets within the EU.