Sygnum Secures Liechtenstein License to Expand Crypto Services in EU

Sygnum has successfully obtained a license from the Liechtenstein financial regulator, allowing the Swiss digital asset banking group to expand its regulated services in the European Union (EU) and European Economic Area (EEA). This significant development positions Sygnum to operate under the upcoming Markets in Crypto-Assets Regulation (MiCA) framework and leverage the harmonized regulations between Liechtenstein and the EU. By taking advantage of Liechtenstein’s regulatory framework, Sygnum can now offer its regulated digital asset services, including brokerage, custody, and B2B banking, to the Liechtenstein market and potentially across all 30 MiCA markets by early 2025. Alongside its European expansion, Sygnum is also focused on growth in Asia, with plans to expand into Hong Kong and enhance its services through its Singapore-based platform. The strategic partnerships and regulatory milestones achieved by Sygnum strengthen its global presence and highlight its commitment to providing innovative and secure digital asset banking solutions.