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MoonPay Secures MiCA License in the Netherlands
In a significant development for the European cryptocurrency sector, MoonPay has announced that it has successfully secured a MiCA license from the Dutch Authority for the Financial Markets. This new regulatory framework will enable the company to offer its fiat-to-crypto and crypto-to-fiat services across the entire European Economic Area.
The MiCA regulation, which came into effect today, aims to establish a unified framework for digital assets in the region. It prioritizes consumer protection and market stability, providing a clear path forward for firms operating within this space.
MoonPay, an industry leader that supports over 100 digital assets and operates in more than 180 countries, views this achievement as a crucial milestone for the European crypto sector. The company has been quick to emphasize its commitment to regulatory compliance and responsible innovation.
The newly acquired MiCA license is expected to strengthen MoonPay’s position as a reliable provider of compliant crypto payment solutions across Europe. This development underscores the firm’s dedication to ensuring secure transactions, investor protection, and adherence to relevant laws and regulations.
As one of the leading cryptocurrency payment platforms in the world, this achievement solidifies MoonPay’s stance on maintaining high standards for its services within the European regulatory environment.
By securing this license, MoonPay has demonstrated its willingness to work closely with authorities while prioritizing innovation.
Source: coinpedia.org
