A European -based crypto currency -oriented asset management company CoinsharesThat the European Union received a license within the scope of the Crypto Asset Markets (Micha) regulation explained. Saint Helier, Jersey -based company will thus offer crypto money heroes management under a single roof in the 27 -member block. The undergraduate France’s financial authority was given by the AMF and the company is currently in a passport in countries such as Germany, the Netherlands and Luxembourg. CEO Jean-Marie MagnettiHe underlined that they consider Mica critical because it provides a clear and harmonious structure. Coinshares, traded at Nasdaq Stockholm, manages over $ 9 billion.
Mica license is important for Coinshares
Mica license It allows Coinshares to carry out crypto currency portfolio management services with a single permission throughout the European Union. The company has already Germany, Holland And LuxembourgHe carried it to and wants to expand to more countries. With the Mica license, it became possible to operate under a single harmonious framework instead of scattered national regimes.
The Mica license granted from the AMF was added to the company’s existing MIFID and AIFM licenses. Coinshares stressed that it is the only largest European asset management company that holds these three separate regulatory columns at the same time. Moreover, the Coinshares management believes that a ground for a 33 trillion euro’s European asset management industry has a floor that can pave the way for crypto -focused products. Crypto investors’ application – the reason will surprise you!
Triple Bachelor’s approval adds great competitive advantage to the company
Coinshares, who positions himself as “completely regulated”, Mica, Mifıd And AIFMsees the combination of competitive advantage. This framework by reducing the concerns of corporate investors’ compliance with regulations crypto currency It has the potential to increase access to focused investment products. The company’s claim is that the triple set set is not similar in Europe.
Coinbase, Bybit, OKX And Crypto.com The familiar crypto currency exchanges, such as Mica license, also argues that Coinshares has achieved a first as a crypto -focused asset management company based in Continental Europe. Founded in 2013, the company transforms growing corporate interest into an opportunity and offers a positive return to its shareholders. In the short term, the 1.7 percent increase in shares seems to be limited, but the rise recorded since the beginning of the year is 46 percent.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
