Bitcoin News Today: CoinShares secures EU MiCA license in France as first continental European operator

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Wednesday, Jul 23, 2025 7:13 am ET1min read
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- CoinShares becomes first continental EU asset manager to secure MiCA license in France, enabling EU-wide crypto services under new regulatory framework.

- Triple licensing (MiCA, MiFID, AIFM) allows cross-border operations across 8 EU countries, with potential expansion to all 27 member states.

- CEO highlights MiCA's legal clarity and investor protections, positioning CoinShares as a bridge between traditional finance and crypto markets.

- U.S. market expansion includes Bitcoin/ETH ETFs and leveraged products, reinforcing compliance-driven growth strategy aligned with EU institutional adoption trends.

CoinShares, a leading European cryptocurrency investment firm, has secured a Markets in Crypto-Assets (MiCA) license in France through its subsidiary, CoinShares Asset Management. This regulatory milestone positions the company as the first continental European asset manager to operate under the EU’s new crypto framework, announced on June 2025. The MiCA license, issued by the French Autorité des Marchés Financiers (AMF), enables CoinShares to offer portfolio management and advisory services for crypto assets across the EU. Combined with its existing Markets in Financial Instruments Directive (MiFID) and Alternative Investment Fund Managers Directive (AIFM) licenses, the firm now holds a "triple license" mix, allowing it to service all EU asset classes [1].

The license facilitates cross-border operations in France, Germany, Cyprus, Ireland, Lithuania, Luxembourg, Malta, and the Netherlands, with potential for expansion to all 27 EU member states. CoinShares CEO Jean-Marie Mognetti emphasized that MiCA’s harmonized regulatory structure resolves longstanding ambiguities in the crypto industry, providing legal clarity and investor protections. The firm’s compliance with MiCA underscores its ability to bridge traditional finance and crypto markets, offering institutional-grade services to European investors [1].

CoinShares’ strategic expansion extends beyond the EU. Following its 2023 acquisition of Valkyrie Funds, the firm has been actively entering the U.S. market, launching products such as the

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and Ether ETF (BTF), Bitcoin Mining ETF (WGMI), and spot Bitcoin ETF (BRRR). Recent additions include the Bitcoin Futures Leveraged ETF (BTFX) in 2024. These moves reflect CoinShares’ broader ambition to compete globally while adhering to stringent regulatory standards. The MiCA license further strengthens its credibility as a compliant operator, aligning with EU norms that are increasingly seen as critical for institutional adoption [1].

The firm’s regulatory achievements highlight its dual role as an innovator and market enabler. By securing MiCA compliance early, CoinShares gains a competitive edge in the EU’s evolving crypto landscape. Analysts note that the framework’s emphasis on transparency, anti-money laundering (AML) protocols, and consumer safeguards elevates crypto assets as legitimate investment vehicles. For CoinShares, this license solidifies its position as a trusted bridge between traditional and digital finance, particularly in markets where regulatory alignment is a prerequisite for institutional participation [1].

Source: [1] [title1CoinShares secures MiCA license in France to cement EU presence] [url1https://cointelegraph.com/news/coinshares-secures-mica-license-eyes-european-expansion]