MoonPay Secures MiCA License in the Netherlands

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December 30, 2024 8:09 PM

In Brief:
MoonPay has received a MiCA license from the Dutch Authority for the Financial Markets.
The license ensures compliance with Europe's unified digital asset regulation, enabling fiat-to-crypto and crypto-to-fiat payment services across the European Economic Area (EEA).

MoonPay Strengthens Its Presence in Europe

Crypto payment platform MoonPay announced it has secured a Markets in Crypto-Assets (MiCA) license from the Dutch Authority for the Financial Markets, marking a significant milestone for the platform.

The MiCA regulation, which officially came into effect today, establishes a unified legal framework for digital assets in the European Economic Area. It focuses on consumer protection, transparency, and market stability, setting a new standard for crypto companies operating in the region.

What the MiCA License Enables

With this regulatory approval, MoonPay will continue to provide fiat-to-crypto and crypto-to-fiat payment services across Europe. The company supports over 100 digital assets and operates in more than 180 countries worldwide, positioning itself as a leader in the global crypto payments ecosystem.

A Milestone for Europe’s Crypto Industry

The MiCA framework is a pivotal step for Europe’s cryptocurrency market, ensuring businesses align with stringent compliance standards while fostering innovation. MoonPay’s licensing represents a vote of confidence in the European cryptocurrency industry as it evolves under MiCA’s robust regulatory umbrella.

How will MoonPay’s new license shape the crypto payments landscape in Europe? Share your thoughts!

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