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NAGA has obtained a MiCA license to offer regulated crypto services across the EU, while XTB is increasing its marketing investment in Germany as competition among European brokers heats up.
NAGA Receives MiCA Authorization
NAGA Group has secured a MiCA license through its Cyprus-based subsidiary, NAGA X, allowing it to offer regulated crypto-asset services across the European Union. The approval comes just days before the July 1 deadline requiring crypto firms to obtain authorization or stop serving EU clients.
The company said the license formalizes crypto services it has offered for years and supports its broader strategy of combining trading, investing, payments and digital assets in its Naga One platform.
RecommendedNAGA would be a great option if you’d like to benefit from a user-friendly platform with advanced trading tools and become a part of one big trading community, where you can share your experience with others and discuss trading strategies.
XTB Increases Marketing Spend in Germany
At the same time, XTB is stepping up its expansion in Western Europe. CEO Omar Arnaout said the broker will spend more on marketing in Germany than in Poland this year as it seeks to strengthen its presence in one of Europe’s largest investing markets.
The move follows Trade Republic’s entry into Poland and forms part of XTB’s goal to attract around one million new clients in 2026, with Germany expected to play a key role in its growth plans.
TopForex.trade comprehensive review of XTB broker covers everything you need to know, from the broker’s trading platforms, fees and commissions, and account types to educational resources, deposit and withdrawal methods, and customer support. Plus, there are the answers to the most frequently asked questions about the broker to help you make an informed decision before opening an account.
XTB Expands Investment Plans Across EuropeXTB expands its Investment Plans across Europe, adding recurring investments in stocks and ETFs as it competes with Trade Republic and Scalable Capital.
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Last update: Jun 25, 2026
