B2C2 Achieves CASP License in Luxembourg
B2C2, a firm specializing in liquidity for digital assets, has achieved a notable milestone by obtaining a Crypto-Asset Service Provider (CASP) license in Luxembourg. This development allows the company to expand its regulated cryptocurrency trading operations throughout the European Union, a move made possible by the MiCA legal framework.
Regulatory Empowerment
As per B2C2’s announcement on Friday, this license is granted by the Commission de Surveillance du Secteur Financier of Luxembourg, empowering the firm to facilitate over-the-counter (OTC) spot crypto trading across all 27 EU nations as well as three other countries in the European Economic Area, leveraging the passporting provisions under MiCA.
Industry Milestone
This achievement marks B2C2 as the inaugural global OTC liquidity provider to secure a CASP license under the MiCA regulations. In addition to this latest approval, B2C2 had already established itself as a virtual asset service provider in Luxembourg back in 2024, reinforcing its regulatory stature in Europe ahead of the MiCA transition period deadline set for July 2026.
CEO’s Perspective
Thomas Restout, CEO of B2C2, commented on the significance of this licensure, outlining it as a pivotal success for the company. He emphasized that this approval reflects the stringent “regulatory and operational standards” maintained by B2C2, showcasing its commitment to governance and compliance in an increasingly regulated industry.
Trends in Cryptocurrency Regulation
As more firms within the cryptocurrency ecosystem in Europe strive to adhere to the MiCA guidelines, which were first put forth by the European Commission in 2020, there’s a notable trend towards compliance amidst heightened regulatory scrutiny. The European Parliament adopted these rules in 2023, with the full regulations becoming effective for crypto enterprises in December 2024.
Competitive Landscape
Among peers, notable firms such as Coinbase secured its MiCA license from Luxembourg in June 2025, subsequently designating Luxembourg as its central hub for operations in Europe. This strategic move enables Coinbase to offer its services across the EU under a unified regulatory umbrella, eliminating the need for varied national licenses. Moreover, crypto investment platform Bitpanda announced in March 2026 that its MiCA license had been activated, further diversifying its multi-asset trading offerings and white-label services to banks and fintech entities.
B2C2 now joins an expanding cohort of crypto platforms, including Kraken in Ireland and others, operating under MiCA licenses as they aim for streamlined access across the EU market.