MoonPay Secures EMI License for Regulated Euro Stablecoin Issuance Across Europe
MoonPay has secured an Electronic Money Institution (EMI) license from the Dutch Central Bank, allowing it to issue regulated euro-denominated stablecoins across Europe.
The approval also enables MoonPay to offer payment accounts and related services, giving the company a stronger position in Europe's growing stablecoin market.
MoonPay has been building its presence in Europe and already holds a MiCA Crypto-Asset Service Provider (CASP) authorization from the Dutch Authority for the Financial Markets.
The new EMI license adds regulated payment and electronic-money capabilities to MoonPay's existing crypto framework, giving it more control over the connection between traditional money and digital assets.