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MoonPay Secures MiCA License in the Netherlands
December 30, 2024 – In a significant milestone for the European crypto sector, MoonPay has successfully secured a license from the Dutch Authority for the Financial Markets (AFM) under the Markets in Crypto Assets (MiCA) regulation. This development enables the payment platform to offer fiat-to-crypto and crypto-to-fiat services across Europe.
The MiCA regulation came into effect today, establishing a unified framework for digital assets within the European Economic Area (EEA). The primary objectives of this new regulatory environment are consumer protection and market stability.
As MoonPay expands its operations across 180+ countries and supports over 100 digital assets, obtaining this license strengthens its position as a leading provider of compliant crypto payment solutions in the region. The company’s commitment to regulatory compliance underscores its dedication to providing secure and reliable services to its customers.
MoonPay’s new MiCA license will allow it to provide seamless fiat-to-crypto and crypto-to-fiat transactions throughout the EEA, further solidifying its position as a leader in the crypto payment space.
Source: coinpedia.org
