ChainCatcher message, recently, MoonPay, BitStaete, FinTech ZBD, and HiddenRoad successfully obtained the cryptocurrency market license issued by the Netherlands 🎉. This marks an important step for them in the European market. According to the MiCA regulations, these companies need to obtain a cryptocurrency asset service provider (CASP) license in one EU member state to operate throughout the EU.

This new regulation provides cryptocurrency companies with a clearer operational framework 📊, helping to enhance market transparency and user trust. While this poses a challenge for businesses, it is also an opportunity to expand into the market 🌍. In the future, we may see more companies actively participating in the EU market.