Webull EU has received formal approval under Europe’s Markets in crypto Assets Regulation, clearing the way for the platform to offer digital asset services to clients across the region.
The approval comes from the Autoriteit Financiële Markten, the Dutch financial regulator, making Webull one of the first dual-regulated investment firms in the Netherlands to hold MiCAR authorization.
Under the new framework, Webull users will be able to place orders for crypto assets directly through the platform, with custody handled internally by the European subsidiary.
Trade execution will run through a partnership with Coinbase Luxembourg, giving Webull a regulated pipeline for order routing without building its own exchange infrastructure from scratch.
Andries van Luijk, chief executive of Webull Securities Europe, called the approval a major milestone in the company’s push to expand its footprint across the continent.
He said the authorization reflects Webull’s commitment to giving European clients secure and compliant access to digital assets under the bloc’s regulatory standards.
MiCAR requires firms to meet strict investor protection and operational benchmarks, giving traders added assurance when holding or trading crypto through licensed platforms.
Approval currently covers only the Netherlands, though Webull has submitted passporting requests that would let it extend services across other EU member states.
Passporting is the mechanism that allows a firm licensed in one EU country to operate across the entire bloc without separate national licenses.
Webull expects to launch its crypto operations in late 2026, giving the company several months to build out infrastructure before going live.
The Nasdaq-listed firm operates in sixteen markets worldwide and serves more than twenty seven million registered users across stocks, options, futures, and now digital assets.
This approval lands amid a wider scramble among brokers and exchanges to secure MiCAR licensing before Europe’s compliance deadlines tighten further this year.
Rivals including Bitget and BingX have filed similar applications in Austria, while Ripple and Bridge have already secured licenses through Luxembourg regulators.
The trend signals growing competition among global financial firms racing to capture regulated crypto market share inside one of the world’s largest trading blocs.
