Sygnum's subsidiary has obtained a cryptocurrency service provider license in Liechtenstein

according to CoinDesk, the digital asset banking group Sygnum has announced that it has obtained a crypto license from Liechtenstein, paving the way for the Zurich and Singapore-based digital asset banking group to expand into the EU under the EU's Markets in Crypto-Assets Regulation (MiCA).

It is reported that the bank's subsidiary in Liechtenstein has obtained a license that allows it to provide regulated digital asset services, including brokerage, custody, and banking services.