Crypto Exchange LCX Files Pre-Application For MiCA License in Liechtenstein

December
24th,
2024
–
Vaduz,
Liechtenstein
LCX,
the
Liechtenstein
Cryptoassets
Exchange,
has
officially
filed
a
pre-application
for
the
Pan-European
MiCA
(Markets
in
Crypto
Assets
Regulation)
license
under
Liechtenstein’s
Financial
Market
Authority
(FMA).
This
significant
move
positions
LCX
as
one
of
the
first
regulated
cryptocurrency
exchanges
seeking
full
compliance
with
the
forthcoming
MiCA
regulations.

LCX
is
Europe’s
fastest
growing
regulated
crypto
exchange
and
has
been
rigorously
preparing
for
the
new
regulatory
framework
to
be
MiCA
ready.
Liechtenstein
will
implement
MiCAR
through
the
EEA
MiCAR
Implementation
Act,
which
is
planned
to
take
effect
on
February
1,
2025.
LCX’s
MiCA
license
will
give
LCX
full
market
access
across
the
European
Economic
Area
(EEA),
which
includes
30
countries
—
EU
member
states
along
with
Iceland,
Liechtenstein,
and
Norway
—
and
has
a
combined
population
of
approximately
450
million
people.

LCX
has
been
registered
as
a
Crypto
Assets
Service
Provider
(CASP)
in
Liechtenstein
since
2020
and
holds
more
registrations
under
the
Blockchain
Laws
(Trusted
Technology
Service
Provider
Act)
than
any
other
company
in
the
country.
With
its
readiness
for
MiCA,
LCX
stands
as
the
largest
cryptocurrency
exchange
headquartered
in
the
EEA,
offering
market
access
to
the
entire
European
Union.
By
meeting
Liechtenstein’s
stringent
regulatory
requirements,
LCX
is
officially
prepared
to
operate
under
the
forthcoming
MiCA
framework.

Monty
C.
M.
Metzger,
CEO
and
Founder
of
LCX,
stated,
“Filing
for
the
preliminary
MiCA
license
is
a
pivotal
step
in
our
growth
strategy
and
reflects
our
long-standing
commitment
to
regulatory
excellence.
We
have
always
been
a
leader
in
driving
compliance
within
the
crypto
industry,
and
this
move
will
enable
us
to
continue
delivering
innovative,
compliant,
and
secure
services
to
become
the
leading
crypto
exchange
in
Europe.
People
are
proud
of
having
an
account
at
LCX.”

LCX’s
pre-application
process
in
Liechtenstein
demonstrates
its
proactive
approach
in
ensuring
a
seamless
transition
to
MiCA
regulations,
one
of
the
world’s
most
comprehensive
regulatory
regimes
for
digital
assets.
Formally,
MiCA
license
applications
in
Liechtenstein
can
only
be
submitted
starting
from
the
applicability
of
MiCAR
(February
1,
2025,
and
the
enactment
of
the
EEA-MiCAR
Implementation
Act).
MiCA
provides
regulatory
clarity
while
enabling
innovation
for
Bitcoin,
digital
assets
and
blockchain
technology. 

About
LCX
LCX
is
the
largest
crypto
exchange
in
Liechtenstein
and
one
of
the
leading
exchanges
in
Europe.
As
a
regulated
cryptocurrency
exchange LCX.com has
become
one
of
the
fastest
growing
digital
asset
spot
exchanges
for
Euro
(EUR),
Bitcoin,
Ethereum
and
hundreds
of
other
crypto
currencies.
LCX
was
founded
in
2018
and
is
offering
solutions
for
compliant
token
issuance
and
RWA
tokenization.
LCX’s
mission
is
to
empower
individuals
and
businesses
with
secure,
innovative
crypto
solutions,
revolutionizing
finance
through
blockchain
and
enabling
Freedom
of
Wealth. 

For
more
information,
please
contact:
LCX
Media
Relations
Email:

[email protected]
Website: LCX.com

Disclaimer:
This
press
release
is
for
informational
purposes
only
and
does
not
constitute
legal,
financial,
or
investment
advice.
LCX
AG
is
registered
as
Trusted
Technology
Service
Provider
in
Liechtenstein.
No
representation
or
warranty,
either
expressed
or
implied,
is
made
as
to
the
accuracy,
completeness,
or
suitability
of
the
information
contained
herein.
Readers
are
advised
to
conduct
their
own
research
and
consult
with
professional
advisors
before
making
any
decisions
regarding
digital
assets
or
related
investments.