Webull Secures Dutch MiCA Approval, Plans Late-2026 European Crypto Launch

Webull's European unit has secured authorization under the EU's Markets in Crypto-Assets Regulation (MiCA), positioning the online brokerage to launch crypto custody and related services from the Netherlands in late 2026. The approval comes shortly after July 1, 2026, when MiCA's transition arrangements for previously authorized firms ended.

The authorization currently applies only to the Dutch market. Webull said it is still awaiting passporting approval to extend crypto services across other EU member states. The company plans to provide regulated custody services for crypto assets to European clients under MiCA's investor-protection and operational requirements, though the final product scope and supported assets have not been disclosed.