AMINA Bank has received MiCA approval to offer crypto services for professional clients. MiCA-compliant exchanges projected to reach $2.3 trillion in trading volumes this year. Crypto firms in Europe have until July 2026 to secure MiCA licenses. A Swiss digital assets bank gains MiCA approval to expand crypto services in Austria, aiming to scale across Europe. The bank can now offer trading, staking, custody, and portfolio management services under the CASP license. The bank, regulated by FINMA, recently launched Polygon staking and secured licenses in Hong Kong. MiCA regulations are in full effect, with firms facing fines for non-compliance exceeding $1.4 billion this year. Despite challenges, MiCA-compliant exchanges are set to hit $2.3 trillion in trading volumes, with ESMA potentially gaining oversight in the digital assets market to boost competitiveness in Europe.
Read more at Yahoo Finance: AMINA Obtains Approval Under MiCA as Europe’s Crypto Sector Heats Up
