Venga Unleashes Regulated Crypto Infrastructure for European Firms

Spanish crypto platform Venga has secured MiCA authorization in the European Union and will open its regulated infrastructure to other companies. The company built this infrastructure for its own consumer app, but is now making it available via an API-first offering.

This move gives Venga a regulatory and operational edge as many firms still struggle to obtain MiCA authorization. Getting authorized under the Markets in Crypto-Assets Regulation (MiCA) can be challenging, with Venga noting that many companies are still working on this.