EU Fintech Trade Republic Secures Full MiCA License From Germany's BaFin

Germany's financial regulator (BaFin) has granted a full MiCA license to one of Europe's biggest fintechs, Trade Republic.

The license allows German-based Trade Republic to offer crypto custody to its four million customer base across 17 markets.

According to Circle executive Patrick Hansen, the full Markets in Crypto Assets (MiCA) license enables Trade Republic to execute or transmit client orders and offer transfer services.

"This means Trade Republic can now operate almost its entire crypto offering in-house across all 30 EEA states," he wrote on X.