Moonpay obtains MiCA license in the Netherlands

ChainCatcher news, according to Cryptonews, the crypto payment platform MoonPay has announced that it has obtained a MiCA license issued by the Dutch Authority for the Financial Markets.

The MiCA regulation establishes a unified legal framework for digital assets across the European Economic Area (EEA), aiming to enhance consumer protection, transparency, and market stability. The platform stated that with the MiCA approval, it can continue to provide fiat-to-crypto and crypto-to-fiat payment services in Europe. The payment company mentioned that its operations span over 180 countries and support more than 100 digital assets. The MiCA framework officially came into effect today, marking an important step forward for the European cryptocurrency sector.