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Swiss Bitcoin-Only App Relai Secures MiCA License in France

Bitcoin Magazine
Swiss Bitcoin-only app Relai obtained a Crypto-Asset Service Provider license in France under the MiCA framework.

Summary

The Zurich-based, Bitcoin-only application Relai has become one of the first such firms to secure regulatory approval under the EU's Markets in Crypto-Assets (MiCA) regulation, receiving authorization as a Crypto-Asset Service Provider (CASP) from France's Financial Markets Authority (AMF). This early authorization provides Relai a significant advantage over larger exchanges still navigating the licensing process and allows the company to 'passport' its services across all 27 EU member states after notification procedures are complete. Relai's CEO, Julian Liniger, expressed pride in the achievement, viewing it as a major step for Bitcoin adoption in Europe. The company plans to expand by introducing features like Instant SEPA payments, higher limits, and enhanced security, alongside investing in localized educational resources, with marketing campaigns scheduled for 2026.

(Source:Bitcoin Magazine)