Swiss pure Bitcoin investment app Relai obtains EU license according to MiCA.

CoinVoice has recently learned that, according to Cointelegraph, the Swiss pure Bitcoin investment application Relai has become the latest crypto asset service provider (CASP) to be approved under the EU's regulatory framework for crypto assets. Official records show that the French financial market regulator, the Autorité des Marchés Financiers (AMF), granted Relai a license under the Markets in Crypto-Assets Regulation (MiCA) on Thursday. Founded in 2020 in Zurich, Relai operates a pure Bitcoin platform that offers buying, selling, and storage services for Bitcoin, using a self-custody method that allows users to have complete control over their assets. With the MiCA license, Relai can launch several regulated services related to Bitcoin investment on its application. With this license, Relai is authorized to support Single Euro Payments Area (SEPA) payments within the EU and offer higher Euro transaction limits.

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