Sygnum Unit Receives Liechtenstein License as a Crypto Asset Service Provider

The bank’s subsidiary in the country received a license allowing it to offer regulated digital assets services, including brokerage, custody and banking under Liechtenstein’s Token and Trusted Technology Service Providers Act. That will enable Sygnum to apply for a crypto-asset service provider (CASP) license under MiCA after Liechtenstein adopts the regulation, planned for first-quarter 2025.