Code & Chain · Signal Desk

Crossmint Obtains Dual PSD2 and MiCA Authorization, Becoming the First Stablecoin Infrastructure Provider with Full EU Regulatory Coverage

Original sourcestablecoininsider.orgAdditional: crossmint.com

Summary

Crossmint obtained MiCA Class 2 CASP authorization from Spain's CNMV and a PSD2 payment institution license, becoming the first stablecoin infrastructure provider with complete EU regulatory coverage. This dual authorization allows operation of end-to-end stablecoin payment flows across all 27 EU m…

Key points

  • The compliance path for stablecoin payment infrastructure in the EU is gradually maturing, serving as a key reference for developers and enterprises.
  • Crossmint's dual-authorization model can serve as a compliance template for stablecoin infrastructure providers.
  • Enterprises and developers can use Crossmint's compliant infrastructure to quickly launch EU stablecoin payment products, reducing regulatory uncertainty.
  • Compared to early stablecoins relying on unregulated third parties, this marks a milestone toward bank-grade compliance.

Editorial note

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