BitPay secures Dutch licensing under MiCA, plans to expand stablecoin payments
Summary
BitPay secured a crypto-asset service provider license from the Dutch Authority for the Financial Markets, enabling it to operate across EU member states under the Markets in Crypto-Assets (MiCA) framework. The approval lets BitPay expand its crypto and stablecoin payment services in Europe. The license comes after the July 1 MiCA requirement that crypto-related firms be regulated to offer services in the region. BitPay joins a growing group of companies seeking EU compliance, alongside recent approvals such as Ripple’s CASP license in Luxembourg.
