Four Crypto Firms Obtain First MiCA Licenses in the Netherlands, Signaling New EU Regulatory Phase
Four digital asset companies have become the first to secure coveted Markets in Crypto Assets (MiCA) licenses in the Netherlands, highlighting the country’s early adoption of the European Union’s new regulatory framework. The Dutch Authority for the Financial Markets (AFM) awarded licenses to MoonPay, BitStaete, ZBD, and Hidden Road, granting each firm the right to operate across the EU’s 27 member states.
The new development aligns with the EU’s requirements that crypto firms be licensed as Crypto Asset Service Providers (CASPs) to serve customers throughout the bloc. While member states faced a December 30 deadline to adopt MiCA, not all jurisdictions have moved at the same pace. Observers say the Netherlands’ swift…
