MoonPay has been granted approval to operate under the EU's MiCA regulation, allowing it to offer services across the EEA. The approval, obtained from the AFM in the Netherlands, signifies a significant milestone for the crypto payment solutions provider. CEO Ivan Soto-Wright views this as a testament to MoonPay's commitment to regulatory compliance and bridging traditional finance with the crypto industry. The MiCA framework aims to enhance consumer protection and market integrity in the digital asset space. With this regulatory clarity, MoonPay plans to expand its European presence and explore new payment solutions. Additionally, the company is in talks to acquire Helio Pay for $150 million, further establishing its market position. MoonPay's platform supports over 100 digital assets and enables seamless fiat-to-crypto transactions globally. Tether's expansion of Bitcoin reserves and regulatory actions against crypto scams in the EU are also highlighted in the article. Read more AI-generated news on: https://app.chaingpt.org/news