- Sygnum obtains a crypto license in Liechtenstein, expanding its EU presence.
- The license allows the bank to offer regulated brokerage, custody, and banking services.
- Sygnum plans to leverage the EU’s new Crypto Asset Market Regulation (MiCA).
- With this, the Zurich and Singapore-based bank strengthens its role in the digital asset space.
Sygnum Secures Crypto License in Liechtenstein, Paving the Way for EU Expansion
In a significant step for its global expansion, digital asset banking group Sygnum has obtained a crypto license from Liechtenstein. This license will enable the Zurich and Singapore-based bank to offer regulated digital asset services in the European Union under the EU’s newly established Crypto Asset Market Regulation (MiCA) framework.
Expanding Digital Asset Services Across the EU
With its new crypto license, Sygnum is now authorized to provide a range of digital asset services, including brokerage, custody, and banking services through its subsidiary in Liechtenstein. This expansion positions Sygnum as a key player in the digital finance sector across Europe, allowing the bank to offer secure, compliant services in line with the stringent regulatory framework set forth by MiCA
