Swiss Bitcoin-Only App Succeeded in France
Switzerland has scored another win in the financial services sector. Its Bitcoin app Relai has become one of the first Bitcoin-only companies to receive regulatory approval under the EU directive MiCA (Markets in Crypto-Assets).
Relai, based in Zurich, announced last week that it has been granted authorization as a Crypto-Asset Service Provider by the French Financial Markets Authority (AMF). This approval marks a major milestone not only for Relai but also for the broader Bitcoin ecosystem in Europe.
The MiCA regulation, which took effect at the end of 2024, established uniform rules for crypto companies across the EU. Its main goal is to strengthen investor protection and reduce regulatory fragmentation between member states. “We’re incredibly proud to be one of the first Bitcoin companies to get the MiCA license and are eager to expand to France first — and Europe in a second step. This is a big moment for Bitcoin adoption on the continent,” said Julian Liniger, co-founder and CEO of Relai.
Expansion across the European market
With the MiCA license, Relai can now “passport” its services across the EU, allowing it to operate in all 27 member states once the formal notification procedures are completed.
The company also plans to launch new features for European users, such as instant SEPA payments, higher trading limits, fixed-price transparency, and stronger security standards.
In addition, Relai will invest in education and community-building by creating localized learning resources and sponsoring Bitcoin events across Europe. “Our goal is clear: bringing Bitcoin to as many people as possible — simple, secure, and regulated,” said Adem Bilican, co-founder and president of Relai EU.
Founded in 2020, Relai has built a Bitcoin-only app that enables anyone to buy and sell bitcoin within minutes. With over 600,000 app downloads and 90,000 users, the Swiss-licensed financial service provider has already exceeded $1 billion in trading volume.
Sources:
https://bitcoinmagazine.com/business/relai-secures-mica-license-in-france
https://www.startupticker.ch/en/news/relai-mica-license-opens-a-gateway-to-europe
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