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MoonPay Secures MiCA License in the Netherlands
Crypto payment platform MoonPay has successfully obtained a MiCA (Markets in Crypto Assets) license from the Dutch Authority for the Financial Markets. This significant milestone enables the company to offer fiat-to-crypto and crypto-to-fiat services across Europe, further solidifying its position as a leader in compliant crypto payment solutions.
The newly implemented MiCA regulation aims to establish a unified framework for digital assets within the European Economic Area. The new framework prioritizes consumer protection and market stability, ensuring the secure and transparent operation of the crypto markets.
MoonPay’s ability to operate under this regulatory umbrella is a testament to its commitment to compliance and customer trust. As a global payment platform supporting over 100 digital assets in more than 180 countries, MoonPay has demonstrated its expertise in providing seamless and secure transactions.
This development marks a significant achievement for the European crypto sector as it now offers compliant and regulated services. With this license, MoonPay can expand its offerings to a wider range of users, empowering individuals and businesses alike with enhanced financial tools.
The acquisition of the MiCA license further highlights MoonPay’s dedication to maintaining industry standards and ensuring regulatory compliance.
Source: coinpedia.org
