Hamburg, September 9, 2025 – YPOG has successfully advised Bullish Europe GmbH (BEU) on securing its authorization under the Markets in Crypto-Assets Regulation (MiCAR).
BEU is an affiliate of Bullish Group, a global provider of market infrastructure and information services, which completed its IPO on the New York Stock Exchange just a month ago.
YPOG had already supported BEU in 2024 in obtaining a national license under the German Banking Act. The new MiCAR authorization builds on that foundation and enables BEU to operate under a single, EU-wide regulatory regime. The experienced YPOG team was co-led by Carola Rathke and David John.
“We are proud to have supported Bullish once again in an important project, reinforcing Germany’s role as a gateway to the European market” said Carola Rathke, Co-Managing Partner at YPOG.
MiCAR introduces a harmonized legal framework for crypto-asset service providers across the EU, promoting legal certainty and market integrity.
Further information: https://bullish.com/
Team
Dr. Carola Rathke (Co-Lead, Fintech + DLT), Partner, Hamburg
Dr. David John (Co-Lead, Fintech +DLT), Senior Associate, Hamburg
Thomas Tüllmann (Fintech + DLT), Associated Partner, Hamburg
Felix Pinkepank (Fintech + DLT), Senior Associate, Cologne
Dr. Mirko Grunert (Fintech + DLT), Associate, Hamburg
Contact
About us
YPOG stands for You + Partners of Gamechangers. As a leading law and tax firm, YPOG supports founders, investors, companies and funds in Germany and internationally in bringing visionary ideas to life in the tech ecosystem and dynamic future markets.
YPOG advises on the structuring of venture capital and private equity funds, financing rounds and complex transactions, as well as on regulatory and tax matters relating to digital assets and financial innovation. As a strategic partner, YPOG develops practical solutions of the highest legal standard.
The firm combines legal and tax expertise with legal tech, digital workflows and AI-based systems to provide efficient and scalable advice.
YPOG and its professionals are regularly recognised by JUVE, Chambers and Partners, The Legal 500, Best Lawyers and Leaders League. More than 380 lawyers, tax advisers, tax specialists, one notary and business professionals work for YPOG across its offices in Berlin, Cologne, Hamburg and Munich.
Further information: www.ypog.law/en/ and www.linkedin.com/company/ypog