Webull Receives Approval to Offer Crypto in European Union
Online investment platform Webull EU has received approval under the EU's MiCAR regulation to begin offering crypto-assets within the European Union.
Webull EU, an online investment platform and subsidiary of Webull Corporation, has secured approval under the EU's Markets in Crypto-Assets Regulation (MiCAR) to offer crypto-assets services in the European Union. The approval from the Dutch Authority for Financial Markets (AFM) positions Webull EU as one of the first dual-regulated investment firms to receive MiCAR authorization in the Netherlands.
The company plans to launch its crypto operations in late 2026, beginning in the Netherlands, with passporting approval pending for the rest of the EU. This regulatory milestone is expected to enable Webull to provide regulated custody services for crypto assets to its European clientele, ensuring adherence to investor protection and operational standards mandated by MiCAR.
Webull aims to offer a platform where users can seamlessly manage portfolios across multiple asset classes. The execution of crypto asset orders will be handled through a partnership with Coinbase Luxembourg S.A. This expansion into the EU's digital asset market signifies Webull's commitment to providing compliant access to cryptocurrencies under a comprehensive regulatory framework.
Webull EU is an AFM-authorized investment platform that currently offers trading in European and US equities, fractional shares, and ETFs. The company's move into crypto trading is part of its broader European strategy.