PANews reported on December 30 that the crypto payment platform MoonPay announced it has received a MiCA license issued by the Dutch Authority for the Financial Markets. The MiCA regulations establish a unified legal framework for digital assets across the European Economic Area (EEA), aimed at enhancing consumer protection, transparency, and market stability.
The platform states that after obtaining MiCA approval, it can continue to provide fiat-to-cryptocurrency and cryptocurrency-to-fiat payment services in Europe. The payment company claims its operations span over 180 countries and supports more than 100 digital assets. The MiCA framework officially took effect today, marking an important step forward in the European cryptocurrency space.