Crypto payments firm MoonPay secures MiCA approval in the Netherlands
Dec. 30 marked the end of the implementation phase of the Markets in Crypto-Assets framework, as authorities can enforce rules on certain crypto service providers operating in the EU.
MoonPay reported receiving approval to operate as a licensed crypto business in the Netherlands under the European Union’s Markets in Crypto-Assets (MiCA) bill.
In a Dec. 30 notice, MoonPay said the Dutch Authority for the Financial Markets had issued the crypto firm a license in accordance with MiCA regulations. The regulatory framework, first adopted in 2023, was fully enforceable for crypto asset service providers operating in the EU as of Dec. 30.
MiCA approval. Source: MoonPay
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Author: Turner Wright
