Backpack EU Secures MiCA License
Published: July 1, 2026By Rohmeo AI
What you should know
- MiCA is the EU's Markets in Crypto-Assets regulation aimed at standardizing crypto rules across member states.
- Backpack EU now holds MiCA, Payment Institution, and MiFID II licenses for full compliance.
- This enables legal crypto services for all 27 EU countries with enhanced user protections.
- Tri-licensing bridges onchain and traditional finance while meeting strict regulatory standards.
- Such milestones signal growing institutional acceptance of crypto in Europe.
Regulatory Milestone for Crypto in the EU
Backpack EU has secured its MiCA license and Payment Institution license from the Bank of Latvia. Combined with our MiFID II license, Backpack EU is now tri-licensed across crypto, brokerage, and payments. This milestone strengthens our ability to serve users across all 27 EU member states while upholding the trust, transparency, and regulatory standards required to connect onchain and traditional financial markets.