According to ME News, on May 6 (UTC+8), cryptocurrency custodian Taurus has obtained a MiFID II investment license from Cyprus, issued by the island nation’s regulatory authority, the Cyprus Securities and Exchange Commission (CySEC). This license enables Taurus to provide MiFID-regulated investment services for tokenized financial instruments to banks and asset managers across the entire European Union, while also supporting secondary market trading of tokenized bonds, fund shares, equities, and structured products. (Source: BlockBeats)
Taurus Obtains MiFID License in Cyprus to Expand into EU Capital Markets
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Summary
Taurus has secured a MiFID II investment license in Cyprus, issued by CySEC on May 6 (UTC+8). The license enables the crypto custodian to provide regulated investment services for tokenized financial instruments across the EU, including secondary market trading for tokenized bonds, fund shares, stocks, and structured products. This move positions Taurus to expand into EU capital markets, as the cryptocurrency market continues to evolve with new regulatory entries amid growing interest in altcoins to watch.
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