Citing HashNews, Blockrise, a Dutch Bitcoin startup, has obtained a regulatory license under the EU’s Markets in Crypto-Assets (MiCA) framework, enabling it to provide regulated Bitcoin financial services in Europe. The company announced on Wednesday that it will now offer services such as custody, trading, and asset management, and has launched a new business loan service allowing clients to borrow against their Bitcoin holdings. Loans start at 20,000 euros (approximately $23,150), with an 8% interest rate that is reviewed monthly. Blockrise CEO Jos Lazet stated the service is currently available only to business clients to comply with regulatory requirements. The MiCA regulation, set to fully implement by the end of 2024, currently does not cover lending or DeFi, but Lazet expressed optimism about its future expansion.
Blockrise Obtains Dutch MiCA License, Offers Bitcoin Loans to EU Businesses
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