Bitvavo Expands Footprint In EU With New License In The Netherlands
The post Bitvavo Expands Footprint In EU With New License In The Netherlands appeared on BitcoinEthereumNews.com. Key Notes Bitvavo has secured a MiCA license in the Netherlands. Bitvavo CEO Mark Nuvelstijn noted that the license offers the clarity the firm needs to fulfil its ambition. Coinbase also recently received a MiCA license from Luxembourg. . Cryptocurrency exchange Bitvavo has secured a Markets in Crypto Assets (MiCA) licence in the Netherlands. The Dutch Authority for Financial Markets (AFM) granted the license to the firm, presenting it with the opportunity to operate across Europe under the new regulatory framework. MiCA Licenses Become Sought-after With the newly received MiCA license, Bitvavo gets to offer its crypto services across the 30 nations in the European Economic Area, including Iceland, Norway, and Liechtenstein. Mark Nuvelstijn, CEO and co-founder of Bitvavo, noted that the license offers the clarity and confidence that Bitvavo needs to fulfil its ambition. This ambition is to become the leading digital asset trading platform in Europe. Already, it has secured the spot of the largest player globally in the EUR spot market. According to Bitvavo, the digital Asset service provider holds registrations in several countries, including France, Austria, Italy, Spain, and the Netherlands. Securing the MiCA license is a huge achievement for Bitvavo. Several companies have submitted their applications even before the rule took effect in December 2024. So far, regulators in the various EU states have been able to approve licenses for just a few crypto exchanges. The Netherlands has awarded up to four MiCA licences to crypto exchanges. In December 2024, US-headquartered firm MoonPay secured an operational license to enter the Dutch market under the European Union’s MiCA regulation. This move enabled MoonPay to offer its full range of services to users in the region, including both fiat-to-crypto and crypto-to-fiat payment options. About a week ago, American cryptocurrency exchange Coinbase secured a MiCA license from the…
The post Bitvavo Expands Footprint In EU With New License In The Netherlands appeared on BitcoinEthereumNews.com.
Key Notes Bitvavo has secured a MiCA license in the Netherlands. Bitvavo CEO Mark Nuvelstijn noted that the license offers the clarity the firm needs to fulfil its ambition. Coinbase also recently received a MiCA license from Luxembourg. . Cryptocurrency exchange Bitvavo has secured a Markets in Crypto Assets (MiCA) licence in the Netherlands. The Dutch Authority for Financial Markets (AFM) granted the license to the firm, presenting it with the opportunity to operate across Europe under the new regulatory framework. MiCA Licenses Become Sought-after With the newly received MiCA license, Bitvavo gets to offer its crypto services across the 30 nations in the European Economic Area, including Iceland, Norway, and Liechtenstein. Mark Nuvelstijn, CEO and co-founder of Bitvavo, noted that the license offers the clarity and confidence that Bitvavo needs to fulfil its ambition. This ambition is to become the leading digital asset trading platform in Europe. Already, it has secured the spot of the largest player globally in the EUR spot market. According to Bitvavo, the digital Asset service provider holds registrations in several countries, including France, Austria, Italy, Spain, and the Netherlands. Securing the MiCA license is a huge achievement for Bitvavo. Several companies have submitted their applications even before the rule took effect in December 2024. So far, regulators in the various EU states have been able to approve licenses for just a few crypto exchanges. The Netherlands has awarded up to four MiCA licences to crypto exchanges. In December 2024, US-headquartered firm MoonPay secured an operational license to enter the Dutch market under the European Union’s MiCA regulation. This move enabled MoonPay to offer its full range of services to users in the region, including both fiat-to-crypto and crypto-to-fiat payment options. About a week ago, American cryptocurrency exchange Coinbase secured a MiCA license from the…
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