Nordic challenger bank Lunar has become the first provider in the region to secure a crypto license under the EU’s MiCA regulation.
The bank launched its Lunar Block in-app crypto platform in 2022, allowing users to buy and sell crypto coins directly.
It has now secured a Casp crypto license under MiCA, which Lunar says means users will receive clearer risk information, transparent pricing, and strengthened consumer rights.
“As a challenger bank, we believe in the power of innovation and that crypto assets can play a pivotal part in the digital asset landscape. But innovation needs guidance from clear rules. Regulation is vital to turning new ideas into dependable services,” says Ken Villum Klausen, CEO, Lunar.