Young Platform Launches Europe’s First MiCA-Compliant Crypto-Native Neobank
Turin, Italy, August 26th, 2025
Young Platform has announced plans for Europe’s first crypto-native neobank, built to align with the EU’s upcoming Markets in Crypto-Assets (MiCA) regulation. Founded in 2018 in Turin, the company is moving beyond its role as a regulated crypto exchange to expand into broader financial services designed around digital assets.
The launch comes as digital banking grows rapidly worldwide, with the neobanking market valued at $143.29 billion in 2024 and forecast to reach $3.4 trillion by 2032. Europe leads the sector with a 37.75% share.
Why MiCA Compliance Matters
MiCA introduces a new EU-wide framework for crypto asset licensing, consumer protection, and transparency. Italy’s deadline for full adoption has been postponed until December 30th, but Young Platform has already completed two pre-filing dossiers with Consob and the Bank of Italy. These submissions anticipate clarifications and requests, ensuring the company is fully prepared for its upcoming formal filing.
This preparation reflects Young Platform’s intention to operate under MiCA as soon as authorization becomes possible, providing users with the assurance of a regulated framework designed for security and trust.
What a Crypto-Native Neobank Means
A neobank is a digital-only bank that delivers financial services without relying on traditional branches. While most neobanks are extensions of the existing banking system, Young Platform is taking a different path. Instead of adding crypto as an extra feature to a conventional structure, the company has built its neobank directly within its crypto ecosystem.
At launch, services will include:
- Payment Account & Debit Card with cashback rewards in $YNG, Young Platform’s native token.
- Regulated Perpetual Futures, giving users access to new trading opportunities under clear oversight.
- Economic Scarcity Model for $YNG, designed to create long-term stability and utility for the token.
Built on Trust
Transparency and compliance remain central to Young Platform’s model. All transactions are handled through carefully selected European banking partners, ensuring traceability and clarity. Security is strengthened with blockchain intelligence tools designed to protect user funds, while GDPR and EU data protection rules guarantee responsible handling of personal information. Together, these measures create a framework where users can manage payments, savings, and investments with confidence.
By gearing up for MiCA authorization and designing services around crypto from the ground up, Young Platform intends to bridge the gap between traditional finance and digital assets.
“We believe the future of finance will not come from traditional banks adding crypto as a side product, but from ecosystems like ours that build banking services on crypto foundations,” said Alexandru Stefan Gheban, co-founder of Young Platform.
About Young Platform
Founded in 2018 in Turin, Young Platform is a European fintech company that makes cryptocurrency simple, secure, and accessible. The platform offers a regulated exchange, an educational app (Young Platform Step), and advanced trading with Young Platform Pro, all connected by its native token, $YNG. Among the first to align with the EU’s Markets in Crypto-Assets (MiCA) regulation, Young Platform is now launching Europe’s first crypto-native neobank, integrating payment accounts, debit cards, and regulated trading products within a single ecosystem. Users can learn more: youngplatform.com/en