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LOW IMPACT CoinDesk · May 6, 08:00 AM

Crypto custodian Taurus moves straight into EU capital markets with MiFID license in Cyprus

The license allows the firm to offer tokenized financial instruments to EU banks as well as secondary trading for tokenized bonds, fund shares, equities, and structured products.

SIGNALPRO AI · WHAT'S LIKELY TO HAPPEN
BULLISH 75% confidence

The acquisition of a MiFID license by Taurus is likely to boost investor confidence in tokenized financial instruments, potentially leading to increased demand and higher prices for related crypto assets. This move may also encourage other firms to enter the market, further driving growth.

AI-generated analysis. For educational purposes only — not financial advice.

The license allows the firm to offer tokenized financial instruments to EU banks as well as secondary trading for tokenized bonds, fund shares, equities, and structured products.

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