FinPlanet advised Cryptonow on its MiCAR license, the first EU crypto-asset service authorisation for a Swiss company.
Congratulations to Cryptonow on successfully obtaining its MiCAR license!
Cryptonow, a Swiss fintech founded in Zug in 2017, connects brick-and-mortar retail with digital currencies through brokerage, custody and crypto gift cards. With the license granted by the Austrian Financial Market Authority (FMA), Cryptonow GmbH can now operate as a fully regulated crypto-asset service provider across the EU. According to media reports, it is the first Swiss company to obtain a MiCAR license.
The license confirms Cryptonow's innovative strength. Above all, it creates security and trust for clients and partners. It also shows how non-EU providers can use MiCAR as a gateway to the European single market: one authorisation in one member state opens up all 27.
FinPlanet advised Cryptonow on its way to the license. We are proud to have contributed to this success and congratulate the entire Cryptonow team on this important step towards a regulated and future-proof crypto ecosystem.
