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Dutch Central Bank Authorizes Qivalis to Issue MiCA-Compliant Euro Token

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The Dutch central bank has granted an electronic money license to the company Qivalis. This authorization allows Qivalis to offer a euro-denominated token that complies with the EU's Markets in Crypto-Assets (MiCA) regulation. The company, backed by major banks BBVA, BNP Paribas, and ING, will provide on-chain infrastructure for euro settlements. The move represents a significant step in the regulated digital asset space within the European Union.

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Dutch Central Bank Authorizes Qivalis to Issue MiCA-Compliant Euro Token · ShortSingh