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Webull Receives Approval to Offer Crypto in the European Union

Webull Receives Approval to Offer Crypto in the European Union

Webull EU, an online investment platform and subsidiary of Webull Corporation, announced it has received MiCAR (Markets in Crypto-Assets Regulation) approval to begin offering crypto-assets in the European Union.

As users desire greater access to the ever-evolving crypto space, Webull aims to provide a platform where they can seamlessly manage their portfolios across multiple asset classes. Webull users will be able to use the Webull platform to transmit orders for crypto assets to be custodied by Webull EU. Execution will be carried out through a partnership with Coinbase Luxembourg S.A.

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“We are pleased to have received MiCAR approval from the AFM (Autoriteit Financiële Markten), marking an important milestone in Webull’s European ambitions,” said Andries van Luijk, CEO of Webull Securities (Europe). “As one of the first dual-regulated investment firms to receive MiCAR approval in the Netherlands, we are committed to providing our clients with secure and compliant access to digital assets under the EU’s comprehensive regulatory framework.”

With this approval, Webull will be able to provide regulated custody services for crypto assets to its European clients, with investor protection and operational standards guaranteed by MiCAR.

Webull EU plans to launch crypto operations in late 2026. Initial approval has been given for the Netherlands, with passporting approval pending for the rest of the EU.

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