SwissBorg: Swiss crypto service provider moves into the EU league thanks to the MiCAR license
- SwissBorg is one of the most present crypto asset managers in Switzerland. The company positioned itself early in the private investor segment with its own mobile app for iOS and Android smartphones.
- SwissBorg has now received the EU MiCA license from the French financial regulator AMF. This makes the company one of the first providers to be approved under the new EU regulations.
In the European context, SwissBorg is moving into a new dimension. With around one million customers, the company is one of the larger crypto service providers in the private customer segment. The MiCA license is provided SwissBorg also institutional connectivity, which facilitates cooperation with banks, brokers and FinTechs.
At the same time, the MiCA license strengthens the position in Germany, Italy, Spain and the Netherlands, which have the largest private customer segments in the EU.
The MiCA approval is a turning point for the company. SwissBorg emphasizes that the approval is not just a formal step, but evidence of its own standards in security, transparency and compliance that it has long practiced.
Swissborg CEO Cyrus Fazel speaks of a decisive moment for the company’s European perspective. The MiCA license enables innovations under a clear legal framework and increases investor protection in connection with digital assets.
Why France was chosen
SwissBorg consciously decided to submit an application to the French Autorité des Marchés Financiers (AMF). The French financial regulator is considered one of the strictest and most active supervisory authorities in Europe.
It has prioritized investor protection for years and has long called for better European regulation. According to Justine Lamberger, head of Swissborg’s legal department, the MiCA license granted to Swissborg confirms the effectiveness of its existing controls and risk management.
outlook
Nothing will change for customers for the time being. You use your mobile app as before. SwissBorg announces that it will support the transition to EU law transparently and provide timely information about the process and schedule. With approval in one of the most demanding supervisory regimes in Europe, SwissBorg sees itself well positioned to further develop its crypto services and secure them in the long term.
Swissborg currently has around one million verified customers and a TVL in the range of over a billion dollars. This means that they are not at the level of the large crypto banks in the Swiss market, but they are one of the largest providers in the private investor segment.
SwissBorg is developing from a regionally present Swiss crypto service provider into an EU-wide regulated asset manager. The MiCA approval from the French AMF was the key to this.
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