The Broker’s house Ilirika became the first in Slovenia who received a license for crypto property. This permit was issued by the Securities Market (ATVP) agency (ATVP), in accordance with the New Regulation of the European Union on the markets of crypto assets.
So far, the Agency has received four more requirements for obtaining the same license. At the level of the European Union, less than 50 licenses were issued, which confirms that it is still an exclusive segment of the financial market.
Ilirika’s approval includes the storage and management of crypto assets, as well as the execution of orders on behalf of the clients. In addition, the receipt of the order is also included, but also the management of the Portfolios of crypto assets. In this way, Ilirika is a broader offer of investment services and harmonizes them with European standards.
The company emphasized that customers would receive a service in accordance with the highest standards of investor protection. Special emphasis was placed on risk management, which further increases the business security and user confidence., FINANCE BA.
Getting this license puts an Illyrian in a favorable position in relation to the competition. Experts expect that this move will encourage other financial institutions in Slovenia similar to the path.
Getting a license for crypto property confirms that the Slovenian market is increasingly monitoring European trends in digital asset regulation. The interest in crypto services is growing between investors and among the financial institutions, which indicates the further development of this market.
