Damex Secures MiCA CASP Licence, Establishing Its Position as a Tier-1 Digital Asset Institution in Europe

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Damex has announced that its Malta entity has been granted authorisation as a Crypto Asset Products and companies Provider under the European Union’s Markets in Crypto-Sources Law (MiCA) by the Malta Financial Products and companies Authority, marking a principal milestone within the corporate’s regulatory and institutional pattern.

With this authorisation, Damex joins right 148 companies all over Europe current as a CASP under the MiCA framework. Of these, handiest 46 are current to produce custody and alternate companies and products, and handiest one also holds a Gibraltar licence internal its neighborhood to ship identical regulated digital asset companies and products currently offered by Damex.

This positions Damex among Europe’s Tier-1 Digital Asset institutions.

MiCA introduces a harmonised regulatory framework designed to raise standards all around the digital asset sector, setting up obvious requirements around governance, operational resilience, transparency, and user protection.

For companies and monetary institutions, the implications are principal. Taking part with crypto suppliers which usually are now not MiCA-licensed introduces regulatory publicity and operational risks without protections.

The MiCA licence locations Damex at some point soon of the same regulatory recognition as main institutions equivalent to Revolut, BBVA, and Coinbase, reinforcing its role as a depended on crypto and distributed ledger technology (DLT) accomplice to banks and stunning monetary institutions all over Europe.

Damex has operated on the top ranges of digital asset laws since 2017, preserving a Gibraltar DLT licence and handing over regulated infrastructure for institutional shoppers lengthy sooner than MiCA’s implementation.

While the licence has now been granted, Damex is coming into its closing pre-operational fragment under MiCA, focusing on machine readiness, governance alignment, and operational controls sooner than stout originate.

The company is now welcoming early engagement from institutions and companies attempting for to feature internal Europe’s regulated digital asset atmosphere.

About Damex

Damex is a regulated digital asset and funds infrastructure neighborhood of companies serving companies and monetary institutions all over Europe and globally. Working since 2017, Damex delivers compliance centered solutions for digital asset custody, alternate, funds, and treasury operations, bridging veteran finance and the digital asset economic system. 

Damex Digital Ltd is a restricted obligation company registered in Malta with registration number C110325 with registered tackle at MK Industry Centre 115A Ground 2, Triq Il-Wied, Birkirkara, BKR 9022, Malta. Damex Digital Ltd is current by the Malta Financial Products and companies Authority as a Crypto Asset Products and companies Provider pursuant to Law (EU) 2023/1114 (MICAR) to produce for its shoppers (i) the Custody and administration of crypto property; (ii) alternate of crypto property for funds and a total lot of crypto property; (iii) execution of orders for crypto property; and (iv) providing switch companies and products for crypto property.

Please focus on over with www.damex.io/eea for further info.

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