Original sourceCryptoEU
Summary
MoonPay obtained an electronic money institution (EMI) license from the Dutch central bank (DNB), expanding its regulated European footprint from crypto asset services to e-money and payments. Together with its existing MiCA authorization, the license lets MoonPay offer payment accounts, euro-denom…
Key points
- Payment and stablecoin players can observe the dual-license model as a compliance roadmap for entering the European market.
- A crypto firm obtaining an EMI license means euro stablecoin issuance is being brought into the existing payment supervisory system rather than given separate rules.
- Firms offering stablecoin payments and cards in Europe may need both MiCA and EMI-type licenses, raising the compliance bar.
Editorial note
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