BitPay gets Dutch MiCA license for crypto asset service provider, will expand stablecoin payments
2026-07-16 18:52
Odaily Odaily Planet Daily News Crypto payment company BitPay announced that it has received approval from the Dutch Authority for the Financial Markets to obtain a license as a crypto asset service provider, allowing it to operate in EU member states under the Markets in Crypto-Assets regulatory framework.
BitPay stated that the license will support the company in expanding services such as crypto payments and stablecoin payments across Europe. According to relevant requirements, as of July 1, all entities providing crypto-related services must be brought under regulatory oversight.
Jonathan Arler, Head of BitPay 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 the license will support the company in expanding services such as crypto payments and stablecoin payments across Europe. According to relevant requirements, as of July 1, all entities providing crypto-related services must be brought under regulatory oversight.
Jonathan Arler, Head of BitPay 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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