MoonPay Receives MiCA Approval: A Major Leap for Crypto Payments
In an exciting development for the cryptocurrency payment sector, MoonPay has successfully obtained approval under the European Union’s Markets in Crypto-Assets (MiCA) regulation. This landmark achievement was announced in a press release shared with CryptoNews, revealing that the Dutch Authority for the Financial Markets (AFM) granted the MiCA license to MoonPay, solidifying its position in the rapidly evolving European crypto landscape.
🏆 Success unlocked! ✅ MoonPay has been approved under the MiCA regulation in the Netherlands 🌍, paving the way for us to innovate crypto payments across Europe! 🫡 Get ready for a landmark 2025! pic.twitter.com/adLjntXhLo— MoonPay 🟣 (@moonpay) December 30, 2024
Understanding MiCA Regulations
The Markets in Crypto-Assets (MiCA) regulation is designed to create a standardized legal