Webull Secures MiCA Approval, Expanding Crypto Services Across Europe

What happened

Webull EU receives Dutch MiCAR approval to offer regulated crypto custody services across Europe. Coinbase Luxembourg will execute crypto trades while Webull manages customer asset custody. Webull plans a late 2026 crypto launch, pending wider EU passporting approval

Confirmed

Global impact / market context

The approval lets Webull offer safe, regulated crypto storage in Europe, which could attract retail investors seeking protection. It also signals growing acceptance of crypto services under EU law, potentially boosting demand for custodial infrastructure and related fintech investments.

Analyst inference

Webull has received Dutch approval under the EU’s MiCAR rules, allowing it to provide regulated crypto custody services throughout Europe. The firm will partner with Coinbase Luxembourg for trade execution while awaiting broader EU passporting to launch fully in late 2026.

Proposed

What to watch

1. Regulatory passporting progress – watch whether the EU grants Webull full passporting rights, which would enable it to operate crypto custody services across all member states. Proposed
2. Coinbase Luxembourg trade execution partnership – monitor the volume and fees of trades processed through Coinbase, as higher activity could improve Webull’s revenue from transaction services. Analyst inference
3. Investor appetite for regulated crypto custody – track inflows into Webull’s crypto accounts; strong demand would validate the business model and could drive further fintech capital allocation. Analyst inference

Evidence

• livebitcoinnews.com