BitStaete Asset Management has reportedly obtained its MiCA License as a crypto-assets manager. As of December 30, 2024, all crypto service providers must comply with the European Markets in Crypto-Assets regulation (MiCA).
MiCA are EU rules that regulate all digital assets except crypto deemed to be securities. BitStaete says they have been approved by the Dutch Authority for the Financial Markets (AFM).
According to the firm, this latest milestone marks an important step for both BitStaete and the future of the European crypto sector.
It is said to be a confirmation of their commitment to transparency, security and professionalism, and their “commitment to combining innovation with compliance with European laws and regulations.”
With this license, they now strengthen their position as a partner for high net worth individuals, entities, funds and family offices.
Together, they are building a future where crypto assets “are an integral part of any professional investment portfolio.”
They’ve acknowledged the contributions and efforts of their partners Finway (Legal & Compliance), Anove (DORA, IT-Compliance) and Turing Advocaten (IT, Privacy and Digital Transformation).
Together with them, they have worked hard to obtain this permit.
As noted by its management, BitStaete says that it provides asset management services for professional investors “exclusively” in the field of digital assets.
According to the company, digital assets will bring about a “major” revolution in our economic, political, and social systems in the coming years.
As a specialist, BitStaete provides investors interested in this rapidly emerging market with “interesting investment opportunities.”