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MoonPay has officially received approval under the Markets in Crypto-Assets (MiCA) regulation, the crypto payments platform said in an announcement on Monday.
The company’s license, granted by the Dutch Authority for the Financial Markets (AFM), was issued on December 30, 2024, making MoonPay one of the first companies to secure this coveted regulatory approval.
🏆 achievement unlocked
— MoonPay 🟣 (@moonpay) December 30, 2024
✅ we've received approval under the Markets in Crypto-Assets (MiCA) regulation in The Netherlands
🌍 this enables MoonPay to innovate crypto payments across Europe!
🫡 2025 is going to be big pic.twitter.com/adLjntXhLo
The MiCA framework, introduced by the European Union, aims to establish a comprehensive regulatory framework for digital assets, ensuring consumer protection, transparency, and market integrity. This approval enables MoonPay to continue offering its fiat-to-crypto and crypto-to-fiat services across the European Economic Area (EEA), including its growing presence in the Netherlands.
“This approval is a testament to MoonPay’s proactive approach to regulation and our commitment to building a trusted bridge between the traditional financial world and the rapidly evolving crypto ecosystem,” said Ivan Soto-Wright, CEO and co-founder of MoonPay.
“MiCA represents a pivotal moment for the European digital asset industry, and we’re proud to have worked collaboratively with the Dutch AFM to be among the first to embrace this new regulatory framework,” he added.
Blockhead
The approval also signals a new era for the crypto industry in Europe. As part of the broader MiCA regulatory framework, which fully comes into effect on December 30, 2024, MoonPay is now positioned to play a key role in driving innovation and adoption of digital assets across the continent.
The platform, which supports over 100 digital assets and is available in over 180 countries, is set to expand its European operations with a focus on compliance and security, according to the announcement.
