Japanese exchange bitFlyer obtains European MiCA license

Ahead of the full implementation of the European Union's Markets in Crypto-Assets (MiCA) regulation on July 1, Japanese cryptocurrency exchange subsidiary bitFlyer Europe announced it has obtained a MiCA-compliant Crypto Asset Service Provider (CASP) license from Luxembourg's financial authority, the CSSF. The grace period granted by the EU for companies to achieve MiCA compliance is set to expire on July 1.