NAGA Secures MiCA Authorization for EU Crypto-Asset Services

The NAGA Group AG has announced that its European subsidiary, NAGA X Ltd, has obtained authorization under the EU's Markets in Crypto-Assets Regulation (MiCA). This milestone enhances the company's SuperApp ecosystem, allowing for the integration of regulated crypto-asset services and supporting growth within a unified European regulatory framework.

NAGA's MiCA authorization positions the company to offer secure, compliant, and transparent crypto-asset services. European clients can buy, sell, and exchange crypto-assets within a regulated environment. This authorization is a significant step in aligning NAGA’s offering with regulatory standards and demonstrates the robustness of its operational framework.

Crypto services are a central component of NAGA's strategy, complementing its offering of investing, social trading, payments, and digital assets. CEO Octavian Patrascu highlights this milestone as a testament to NAGA's regulatory excellence and its commitment to building long-term client trust across Europe.