The Swiss Bitcoin application, Relai, has achieved a notable milestone as one of the pioneering Bitcoin-only companies to obtain regulatory approval under Europe’s groundbreaking Markets in Crypto-Assets (MiCA) framework.

This approval represents a crucial development, not only for Relai but also for the overall Bitcoin ecosystem within Europe. The MiCA regulation, which became effective earlier this year, aims to establish standardized rules for cryptocurrency companies across the EU, thereby enhancing investor protection and minimizing regulatory fragmentation among member states.

While larger exchanges, such as Binance and Coinbase, continue to navigate the intricate licensing landscape, Relai’s early authorization positions it advantageously as one of the first Bitcoin-only firms to achieve compliance.

“We are immensely proud to be among the first Bitcoin companies to secure the MiCA license and are eager to expand to France initially, followed by further expansion throughout Europe,” stated Julian Liniger, co-founder and CEO of Relai. “This is a significant milestone for Bitcoin adoption on the continent.”

Relai is Expanding a Bitcoin-Only Vision Across Europe

Founded in Zurich in 2020, Relai has demonstrated resilience and growth despite the challenging regulatory climate for digital assets.

The company successfully completed a Series A funding round last year, surpassing 500,000 app downloads, and establishing itself as a user-friendly entry point for European retail investors seeking direct exposure to Bitcoin without intermediaries.

With the MiCA license secured, Relai will be able to “passport” its services across the EU, allowing operations in all 27 member states once formal notification processes are finalized.

Relai intends to introduce a suite of new features tailored specifically for European users, including Instant SEPA payments, increased trading limits, fixed-price transparency, and enhanced security standards.

Additionally, the company aims to invest in education and community-building initiatives, launching localized learning resources and sponsoring Bitcoin events across Europe.

“Our objective is clear: to bring Bitcoin to as many individuals as possible — in a simple, secure, and regulated manner,” remarked Adem Bilican, co-founder and president of Relai EU.

To further strengthen its governance, Relai has appointed a newly formed advisory board, which includes industry veterans Jean Guillaume, Daniel Astraud, and Herve de Kerdrel. This advisory board will provide strategic guidance on regulatory compliance and growth initiatives.

Relai plans to utilize its MiCA approval to facilitate its expansion across Europe, with marketing campaigns and app updates anticipated for 2026.

Recently, Blockchain.com also announced its receipt of a MiCA license, awarded by the Maltese Financial Services Authority (MFSA).

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