Byrrgis, a London-based crypto platform, has obtained a MiCA license from the European Union, positioning itself for a 2026 launch. The license allows Byrrgis to operate under the Markets in Crypto-Assets Regulation, which standardizes compliance across the EU, including measures against the financing of terrorism. This regulatory framework replaces national rules, facilitating cross-border operations within the EU.
CEO Siraaj Ahmed emphasized Byrrgis's commitment to compliance and user freedom. The platform is required to adhere to capital, governance, and consumer protection standards and aims to achieve CASP Level 3 certification, necessitating €150,000 in capital. Byrrgis plans to offer automated rebalancing and institutional tools under this regulatory oversight.
Byrrgis Secures EU MiCA License for 2026 Launch
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