Blockrise, a Dutch Bitcoin startup, has secured a regulatory license under the EU's Markets in Crypto-Assets (MiCA) framework, allowing it to offer regulated Bitcoin financial services across Europe. The company announced it will provide services including custody, trading, and asset management, alongside a new business loan service enabling clients to borrow against their Bitcoin holdings.
The loans, starting at 20,000 euros (approximately $23,150), carry an 8% interest rate, reviewed monthly. Currently, the service is available exclusively to business clients to meet regulatory requirements. While MiCA does not yet cover lending or DeFi, Blockrise CEO Jos Lazet expressed optimism about future regulatory expansions.
Blockrise Secures MiCA License, Launches Bitcoin Loans for EU Businesses
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