FalconX obtains MiCA license in Europe

Cryptocurrency prime brokerage firm FalconX announced it has obtained a Markets in Crypto-Assets (MiCA) license from the Malta Financial Services Authority (MFSA). The license permits the company to offer crypto trading, custody, liquidity, and institutional services across the European Union and the European Economic Area (EEA). The development comes as the grace period granted by the EU for firms to comply with MiCA regulations expires on July 1.