#USCorePCEMay The French company Bitstack, specializing in Bitcoin savings solutions, has obtained a license under the European Crypto Assets Markets Regulation (MiCA). This license is a significant step towards the widespread adoption of Bitcoin rounding as a savings feature throughout Europe.
What is "Bitcoin rounding for savings"?🤔🤔
It is an innovative feature that allows users to convert "change" from their everyday purchases into Bitcoin. For example, if you buy a coffee☕ for 2.60 euros, the app rounds the amount up to 3 euros, and the extra 0.40 euros is automatically invested in Bitcoin🤩🤩. This allows for regular and gradual investment (Dollar-Cost Averaging - DCA) without much hassle for the user🤔🤔🤔.
The importance of obtaining a MiCA license🤔🤔
💫Expanding in Europe: Thanks to the MiCA license, Bitstack will be able to offer its services in all EU member states without the need for additional licenses in each country. This opens the door for millions of new users.
💫Increasing trust and security: The MiCA license ensures high standards of transparency, security, and consumer protection in the cryptocurrency market. This enhances users' trust in Bitstack and its services.
💫Supporting the company's strategy: This license enhances Bitstack's vision to become the "future bank," aiming to integrate Bitcoin into everyday financial life in an easy and secure way.
In general, Bitstack has received the green light to expand its Bitcoin rounding service across Europe, heralding a more accessible and secure future for Bitcoin savings for European users😎😎.