Acheron Trading Breaks Ground as First Crypto Market Maker to Snag MiCA CASP License
Move over, traditional finance—Acheron just rewrote the rulebook. The crypto market maker scored the first-ever CASP license under Europe’s MiCA framework, putting regulators on notice that DeFi isn’t asking for permission anymore.
Why it matters: This isn’t just paperwork—it’s a Trojan horse. By playing nice with EU bureaucrats, Acheron gets to legally dismantle their system from the inside. Talk about beating them at their own game.
The cynical take: Watch legacy banks suddenly ’discover’ crypto liquidity needs now that there’s a licensed player doing it properly. Where were these compliance hawks when Bitcoin was fighting for survival in 2018?