In addition to its presence in the EU, CoinShares has expanded in the US market since entering it in 2023, aiming to compete with major industry peers.
CoinShares, a major European cryptocurrency investment firm, has secured a license under the local regulatory framework, Markets in Crypto-Assets Regulation (MiCA).
CoinShares received the MiCA license through its French subsidiary, CoinShares Asset Management, the company announced on Wednesday.
With the license, CoinShares became the “first continental European regulated asset management company” to be qualified under MiCA, the announcement noted.
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