Nordic challenger bank Lunar has made headlines by becoming the first provider in the region to obtain a crypto license under the EU’s MiCA regulation.
In 2022, Lunar launched its Lunar Block in-app crypto platform, enabling users to buy and sell cryptocurrencies directly. With the recent acquisition of a Casp crypto license under MiCA, the bank emphasizes that this will provide users with clearer risk information, transparent pricing, and enhanced consumer rights.
“As a challenger bank, we believe in the power of innovation and that crypto assets can play a pivotal role in the digital asset landscape. However, innovation requires guidance from clear rules. Regulation is essential for transforming new ideas into reliable services,” stated Ken Villum Klausen, CEO of Lunar.