Crypto payment platform MoonPay has secured the MiCA license from the Dutch Financial Markets Authority, allowing it to operate legally in the European Union while adhering to stringent regional regulations. The MiCA framework aims to create transparent rules for the digital asset sector and ensure investor protection and market stability.
Obtaining MiCA Approval Ensures Compliance with EU Regulations
The acquisition of the MiCA license signifies MoonPay’s commitment to operating within legal boundaries as it expands its services across Europe. As part of the European Union’s comprehensive encryption regulation proposal, MiCA seeks to establish a stable and secure environment for digital assets, safeguarding investors and maintaining market stability. By obtaining this approval, MoonPay demonstrates its dedication to upholding these standards while offering its services in the region.
Source: M.theblockbeats.info
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