Swiss Bank Sygnum Posts First-Half Profit as Spot Crypto Trading Doubles, Derivatives Increase 500%

Sygnum, which is licensed in Luxembourg, Singapore, and its native Switzerland, plans to accumulate new licenses in Europe underneath the Markets in Crypto Belongings (MiCA) laws, which began to take impact final month and launched a single regulatory atmosphere all through the 27-nation buying and selling bloc. It additionally plans to develop its regulated operations in Hong Kong.