Crypto Exchange Bitvavo Secures Dutch MiCA License
Bitvavo has received a Markets in Crypto-Assets (MiCA) license from the Dutch Authority for Financial Markets (AFM), enabling operations across Europe under the new regulatory framework. CEO Mark Nuvelstijn supports MiCA's principles for consistent regulation among EU member states. The license offers Bitvavo clear guidance and confidence in its operations. MiCA aims to standardize the crypto market, emphasizing investor protection, financial stability, and innovation. The licensing process, which began on January 1, was described as rigorous yet efficient by Bitvavo's chief risk officer, Jeetan Patel, who praised the collaboration with the AFM. Other exchanges, including Kraken, Coinbase, and Bybit, have also secured MiCA licenses recently. The regulatory framework has boosted investor confidence, with a reported 70% increase in trading volumes from EU customers in Q1 2025 following MiCA's implementation.
