Sygnum Expands EU Reach with New Liechtenstein Crypto License
(Originally posted on : Crypto News – iGaming.org )
Sygnum, the Swiss digital asset bank, has successfully registered its local subsidiary with Liechtenstein’s financial regulator, the FMA. This strategic move enables Sygnum to provide regulated services across the EU and the European Economic Area (EEA) under the upcoming Markets in Crypto-Assets (MiCA) regulations. The registration allows Sygnum to offer brokerage, custody, and B2B banking services to Liechtenstein, tapping into harmonized EU regulations.
Martin Burgherr, Sygnum’s Chief Clients Officer, highlighted the significance of this registration, saying, “We are excited to announce Sygnum’s expansion into Liechtenstein, a country known for its forward-thinking approach to innovations in finance and digital assets.”
European Expansion and MiCA Integration
Liechtenstein’s inclusion in the EEA provides Sygnum access to a broader market of 30 countries, leveraging harmonized regulations while maintaining independence from direct EU membership. This step is pivotal as Sygnum aims to roll out its full range of digital asset services across the EU by early 2025 when MiCA becomes fully effective. MiCA’s implementation is expected to streamline the regulation of crypto services, opening doors for Sygnum to operate more freely and compliantly within the European market.
Additionally, this expansion aligns with Sygnum’s goal to establish a more robust presence in the EU, enhancing its reach in one of the world’s most regulated digital asset markets. Sygnum’s strategic entry into Liechtenstein offers a gateway to scale its offerings while complying with strict European standards.
Sygnum is not only focusing on Europe; it is also making strides in Asia, particularly in markets like Hong Kong and Singapore. The firm’s growth strategy includes expanding its Singapore-based platform, positioning itself as a key player in the rapidly evolving Asian digital asset landscape. These developments underscore Sygnum’s ambition to build a global footprint, supported by strong regulatory compliance and innovative digital asset solutions.
New players only. Exclusive Welcome Bonus of 350% + 150 Free Spins
Through strategic licensing and market entry, Sygnum continues to strengthen its position as a leader in the digital banking and crypto-financial services sector, bridging the gap between traditional finance and the digital asset economy.