Webull Corporation (NASDAQ: BULL) subsidiary Webull EU received approval from the Dutch Authority for the Financial Markets (AFM) to offer cryptocurrency services. The authorization follows the European Union’s Markets in Crypto-Assets (MiCA) regulatory framework.
The company plans to launch crypto trading and custody services in late 2026. Initial operations will begin in the Netherlands before expanding across the EU via passporting rights.
Webull will partner with Coinbase Luxembourg S.A. for trade execution. Webull EU will maintain direct custody of client crypto assets.