Relai, the Swiss-based Bitcoin-only investment application, has achieved a significant regulatory milestone by securing approval under the European Union's landmark Markets in Crypto-Assets Regulation (MiCA) framework. This move positions Relai as a pioneer in regulated Bitcoin services within Europe, promising to enhance accessibility and trust for users across the continent.
Expanding Reach and Services with MiCA Approval
The French financial markets regulator, Autorité des Marchés Financiers (AMF), granted Relai its MiCA license, enabling the platform to significantly expand its operations and service offerings. This crucial approval allows Relai to facilitate SEPA payments within the EU and introduce higher trading limits against euros, thereby streamlining the process for individuals to buy, sell, and save Bitcoin with self-custody. Relai's co-founder and CEO expressed immense pride, emphasizing the company's eagerness to broaden its presence, initially in France and subsequently across Europe, aligning with their core mission to bring Bitcoin to as many people as possible—simply, securely, and now, regulately.
A Landmark for Bitcoin in Europe
The acquisition of the MiCA license by a Bitcoin-exclusive platform like Relai is not merely a corporate achievement; it marks a pivotal advancement for the entire Bitcoin industry in Europe. As one of the first Bitcoin-focused entities to navigate and successfully comply with MiCA, Relai sets an important precedent. It underscores a growing trend towards greater regulatory clarity and institutional acceptance of digital assets, promising a more secure and trusted environment for Bitcoin investment and adoption across the European Union. This step is a clear signal of the maturation of the crypto market and its increasing integration into traditional financial frameworks.
