Original sourceCryptobriefing
Summary
Crypto payment firm BitPay obtained a MiCA license from the Netherlands Authority for the Financial Markets (AFM) on July 16, becoming a fully regulated crypto-asset service provider in the EU. This allows BitPay to offer cross-border payment processing and consumer crypto services across all 27 EU…
Key points
- Tracks licensed entities’ moves and stablecoin application expansion post-MiCA, offering insight into European crypto payment market maturity and compliance trends.
- BitPay’s success and expansion illustrates how MiCA is helping compliant crypto payment firms gain a foothold in the EU market and accelerate stablecoin adoption.
- European merchants will have more compliant stablecoin acceptance options; investors can watch MiCA-licensed payment companies for growth potential in the EU.
Editorial note
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