Trade Republic Gains BaFIN License, Accelerating Crypto Services in Europe

German fintech giant Trade Republic has secured a full license from Germany’s financial regulator (BaFIN), allowing it to offer crypto services across the 30-country European Economic Area (EEA). This marks Trade Republic as the latest company to gain regulatory compliance under the Market in Crypto Assets (MiCA) framework, reflecting an ongoing trend of financial institutions embracing licensing ahead of the transition period’s end. Trade Republic’s license allows it to provide a range of services, including custody, execution, and order processing. However, the firm will rely on third-party trading platforms for actual trades.