MoonPay Secures Crypto License In The Netherlands

Crypto payments firm MoonPay has received approval to operate as a licensed crypto business in the Netherlands under the European Union’s Markets in Crypto-Assets (MiCA) regulatory framework.

Announced on today, the license was issued by the Dutch Authority for the Financial Markets.

MiCA, adopted in 2023, became enforceable for crypto asset service providers across the EU on the same date. MoonPay, a provider of fiat-to-crypto and crypto-to-fiat services, stated that it would continue offering these services under its new Dutch license.

Ivan Soto-Wright, MoonPay’s co-founder and CEO, described the approval as a “pivotal step in solidifying the crypto industry’s role in the global economy.”

The milestone also marked the…

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