Cryptocurrency asset management company CoinShares has obtained a MiCA license across the European Union

ChainCatcher news, according to Coindesk, the crypto asset management company CoinShares has been granted a MiCA license by the French Financial Markets Authority (AMF), becoming the first European asset management company to offer crypto portfolio management services across the EU.

This license, combined with its existing MiFID and AIFM qualifications, makes it the only major European crypto asset management institution to hold all three major compliance licenses. CoinShares stated that this move will help expand its business in the 27 EU countries and promote the transition of the traditional asset management industry towards crypto products.