With the growing dissemination of #bitcoin and digital assets, Europe is gradually asserting its pioneering role in building a transparent legal framework. Markets in Crypto Assets (MiCA), a set of rules dedicated to the cryptocurrency industry, not only reinforces investors' trust but also creates leverage for businesses.
4 Companies First to Obtain MiCA License in the Netherlands
Four digital asset companies, including MoonPay, BitStaete, ZBD, and Hidden Road, have become the pioneering names to receive the Crypto Asset Service Provider (CASP) license from the Netherlands Financial Markets Authority (AFM) on December 30, 2024.
• MoonPay: The leading crypto trading platform.
• BitStaete: Digital asset management company.
• ZBD: Startup developing Lightning Network technology.
• Hidden Road: Brokerage and clearing unit.
This license allows them to operate freely across all 27 countries in the European Union. This is a significant step as #MiCA requires crypto companies to obtain CASP certification from at least one member state to operate cross-border.
MiCA: A Turning Point for the European Market
MiCA marks an important milestone in digital asset management, helping Europe become one of the first regions in the world to adopt a clear legal framework. According to Ivan Soto-Wright, CEO of MoonPay:
"MiCA is the turning point for the digital asset industry in Europe. We are proud to be one of the first entities to adopt this standard."
Bitcoin: The Main Driver for the Crypto Future
As MiCA makes Europe an attractive environment for cryptocurrency businesses, Bitcoin is forecasted to become the main focus in the accumulation strategy of hundreds of public companies by 2025. The exponential growth of BTC is supported by:
1. Trust from transparent regulations: MiCA reinforces legal safety, attracting many large organizations to participate.
2. Global adoption of BTC: $BTC is gradually becoming a key reserve asset for companies and investment funds.
3. Price prediction exceeding $200,000: Analysts believe that the price of BTC will soar due to widespread acceptance and supply scarcity.
Europe and the World: The Wave of Global Regulation
Not only Europe, but other countries are also quickly adjusting to avoid falling behind:
• Malta: Socios.com obtained #VFAA license from the Malta Financial Services Authority (MFSA).
• United Kingdom: Add GSR Markets to the list of regulated crypto companies.
Conclusion
The year 2025 could witness a major revolution in the digital asset industry as Bitcoin becomes the strategic asset of public companies. With support from legal frameworks like MiCA, not only Europe but the entire globe is ready for an explosive era of the crypto market. Bitcoin reaching the milestone of $200,000 is no longer a distant prospect, but a reality that is approaching. 🚀