Bitcoin-only app Relai gets EU green light under MiCA

Switzerland’s BTC-only investment app, Relai, obtained a MiCA license in France, aiming to bring Bitcoin to as many people as possible.

Swiss Bitcoin-only investment app Relai is the latest crypto asset service provider (CASP) to receive approval under the European Union’s crypto regulatory framework.

France’s financial markets regulator, Autorité des Marchés Financiers (AMF), issued a Markets in Crypto-Assets Regulation (MiCA) license to Relai on Thursday, according to official records.

“We’re incredibly proud to be one of the first Bitcoin companies to get the MiCA license and are eager to expand to France first and Europe in a second step,” Relai co-founder and CEO Julian Liniger said in a statement shared with Cointelegraph on Friday.

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