BitPay obtains Dutch MiCA crypto asset service provider license, will expand stablecoin payments
2026-07-16 18:52
Odaily Planet Daily News: Crypto payment company BitPay announced that it has received approval from the Netherlands Authority for the Financial Markets to obtain a crypto asset service provider license, allowing it to operate within EU member states under the Markets in Crypto-Assets regulatory framework.
BitPay stated that this license will support the company in expanding services such as crypto payments and stablecoin payments across Europe. According to relevant requirements, starting July 1, all entities providing crypto-related services must be subject to regulation.
Jonathan Arler, BitPay's Head of Europe, stated that Europe is one of the most important regions for the future development of payments. Previously, Ripple announced that it had obtained a crypto asset service provider license from the Luxembourg financial regulator.
BitPay stated that this license will support the company in expanding services such as crypto payments and stablecoin payments across Europe. According to relevant requirements, starting July 1, all entities providing crypto-related services must be subject to regulation.
Jonathan Arler, BitPay's Head of Europe, stated that Europe is one of the most important regions for the future development of payments. Previously, Ripple announced that it had obtained a crypto asset service provider license from the Luxembourg financial regulator.
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