Damex Secures MiCA CASP Licence, Establishing Its Position as a Tier-1 Digital Asset Institution in Europe
BeInCrypto
Damex's Malta entity secured a MiCA CASP license, positioning it as a Tier-1 digital asset institution in Europe.Summary
Damex announced that its Malta entity has been authorized as a Crypto Asset Services Provider (CASP) under the EU's Markets in Crypto-Assets Regulation (MiCA) by the Malta Financial Services Authority. This places Damex among only 148 CASPs in Europe, and only 46 authorized for both custody and exchange services, solidifying its status as a Tier-1 Digital Asset institution. The MiCA license aligns Damex with major institutions like Revolut and Coinbase, reinforcing its role as a trusted DLT partner for European financial institutions. Having operated under a Gibraltar DLT licence since 2017, Damex is now entering its final pre-operational phase under MiCA to ensure system readiness before a full launch.
(Source：BeInCrypto)