Webull EU MiCA authorisation was granted by the Dutch regulator, making it one of the first major approvals after the EU grandfathering period ended on 1 July.
The licence lets the firm prepare crypto operations and custody services for a late 2026 launch. Previously, firms with national Crypto Asset Service Provider registrations used the transition period to move into the EU-wide framework.
Andries van Luijk, CEO of Webull Securities (Europe), called the approval a key step for the group’s plans in continental Europe. He said the broker aims to offer secure and compliant access to digital assets under the EU rulebook.
Webull EU MiCA Authorisation Supports Expansion
Webull Group set up its EU base in the Netherlands in 2025. It already runs a zero-commission model in the US and a retail brokerage in the UK.
Meanwhile, the group reported first-quarter 2026 revenue of US$159.9 million. That marked a 36% rise from a year earlier. Rising client assets and trading volumes helped growth. However, the firm still posted a net loss because expansion spending increased.
The source article said MiCA has reshaped the European digital asset market. The number of licensed firms now stands at about 200.
EU Reviews Gaps After MiCA Rollout
However, the shift has not been smooth for every firm. Binance missed the grandfathering deadline after it failed to obtain a licence from the Greek regulator.
Brussels has started a formal review and is collecting feedback on how the framework works in practice. One disputed area is stablecoins. Under MiCA, they count as e-money, so firms need an Electronic Money Institution licence that falls under central banks.
Additionally, the European Parliament wants the European Commission to address areas that the first MiCA text did not fully cover. Those areas include Decentralised Finance and staking. DeFi lending and borrowing have raised concerns about shadow-banking risks. Staking and yield products are also facing scrutiny over disclosure and consumer protection issues.
The legal treatment of NFTs and tokenised financial assets also remains unsettled. Parliament warned that separate national rules for DeFi or NFTs could weaken the single market structure that MiCA was meant to create.
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