Aave’s Push Gets MiCA Approval for Euro-to-Crypto Services Across Europe

TLDR

  • Aave’s Push service now offers regulated, zero-fee euro-to-crypto conversions in the EEA.
  • The Central Bank of Ireland grants Aave approval under MiCA for euro stablecoin services.
  • Aave’s platform has over $22.8 billion in assets borrowed, showing high demand.
  • Aave’s MiCA approval could transform DeFi adoption across the European Economic Area.

Aave’s Push Service Receives MiCA Approval for Euro-to-Crypto Conversions

Aave has secured approval to operate its euro-to-crypto conversion service, Push, under the European Union’s MiCA (Markets in Crypto-Assets) regulatory framework. The approval was granted by the Central Bank of Ireland through Aave’s subsidiary, Push Virtual Assets Ireland Limited. This allows…

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