Swiss Bitcoin App Relai Secures MiCA License from French Authority
Switzerland’s Bitcoin-only investment app Relai has obtained regulatory approval as a Crypto-Asset Service Provider under the European Union’s Markets in Crypto-Assets framework. France’s Financial Markets Authority granted the authorization, marking a significant moment for the Bitcoin ecosystem in Europe. The Zurich-based company becomes one of the first Bitcoin-focused firms to achieve MiCA compliance in 2025.
While large exchanges like Binance and Coinbase continue navigating the complex licensing process, Relai’s early authorization gives it a competitive advantage. Co-founder and CEO Julian Liniger expressed enthusiasm about the milestone. The company plans to expand to France before rolling out services across the European Union.
Bitcoin App Relai Prepares for EU-Wide MiCA Expansion
Founded in Zurich in 2020, Relai operates a Bitcoin-only platform featuring buying, selling, and saving BTC with self-custody. The platform allows users to maintain complete control of their digital asset holdings. The company closed a Series A funding round last year and surpassed 500,000 app downloads, establishing itself as a user-friendly gateway for European retail investors.
With the MiCA license secured, Relai can now passport its services across the EU, meaning it can operate in all 27 member states once formal notification procedures are complete. This regulatory approval removes barriers that previously fragmented crypto markets across different European countries. The unified framework aims to increase investor protection while reducing compliance complexity for service providers.
MiCA License Enables Enhanced Bitcoin Investment Features
Acquiring a MiCA license allows Relai to introduce several regulated services related to Bitcoin investment on its app. The license will enable Relai to introduce instant SEPA transfers for faster Bitcoin purchases and higher trading limits. Users can expect fixed pricing for greater transparency with enhanced security features.
The platform will also roll out educational resources to help newcomers understand Bitcoin investment. Relai EU co-founder Adem Bilican emphasized the company’s clear mission. Their goal centers on bringing Bitcoin to as many people as possible through simple, secure, and regulated means.
Regulated Bitcoin Platform Strengthens Governance Structure
Relai is strengthening its governance with a newly appointed advisory board featuring industry veterans Jean Guillaume, Daniel Astraud, and Herve de Kerdrel. These experienced professionals will provide guidance on regulatory compliance and strategic growth. Their expertise will prove valuable as Relai navigates complex European financial regulations.
The company plans to leverage its MiCA approval to expand across Europe, with marketing campaigns and app updates scheduled for 2026. The Bitcoin-only platform is actively working to bring the Relai app to even more users in the EU. The company raised $12 million in Series A funding led by Ego Death Capital to support this expansion.
MiCA Framework Creates Uniform Crypto Regulations Across Europe
The MiCA regulation establishes uniform rules for crypto companies across the EU, aiming to increase investor protection and reduce regulatory fragmentation between member states. This framework came into effect earlier in 2024, setting new standards for digital asset service providers. Companies must now obtain proper authorization to operate within European markets.
Other crypto firms that have secured MiCA licenses include Kraken, Gemini, and Bitvavo. The growing list of licensed providers demonstrates industry movement toward regulatory compliance. European authorities continue working to balance innovation with consumer protection in the cryptocurrency sector.
Conclusion
The MiCA approval positions Relai at the forefront of regulated Bitcoin services in Europe. The company’s Bitcoin-only approach differentiates it from multi-asset platforms competing for market share. Users seeking dedicated Bitcoin investment tools now have access to a fully regulated European option.
