MoonPay Secures MiCA Approval In The Netherlands Amid Europe Expansion Plans

Coingapestaff
December 30, 2024
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MoonPay Secures MiCA Approval In The Netherlands Amid Europe Expansion Plans

Highlights

  • MoonPay secures MiCA approval for services in The Netherlands.
  • The firm paves a new path for Dutch investors to partake in crypto trading.
  • Meanwhile, the move, following EU's final MiCA regulation policy draft submission, has sparked market discussions.

Renowned crypto infrastructure service provider MoonPay marked a monumental stride on Monday, securing the Markets in Crypto-Assets (MiCA) approval in The Netherlands. This mover, aligning with the firm’s expansion plans in Europe, has gained significant traction while empowering crypto payments across the region. Meanwhile, the monumental achievement amid speculations of a continued bull cycle in 2025 has sparked additional investor enthusiasm among Dutch investors.

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MoonPay Gets MiCA Approval In The Netherlands

According to an official X post by MoonPay dated December 30, the firm “received approval under the Markets in Crypto-Assets (MiCA) regulation in The Netherlands.” This achievement enables the crypto services firm to offer digital asset payments-related services across Europe.

Meanwhile, this mover also follows the crypto infrastructure’s previous plans to acquire Helio as it sought to bolster crypto services for users. CoinGape reported previously that the Helio deal was worth about $150 million, whereas there was no official confirmation from the involved parties yet. Nevertheless, the recent MiCA approval is sure to offer the firm a gush of users promptly after its launch.

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EU’s Final MiCA Policy Draft Into Works?

Meanwhile, it’s also noteworthy that the EU recently released its final MiCA regulation policy draft earlier this month. Set to take effect on December 30, 2024, the MiCA regulation is primarily scoped in on market abuse prevention.

Notably, the final draft policy boasted new standards, outlining systems for detecting and reporting suspicious activities, including in cross-border cases. Overall, the MoonPay crypto platform‘s monumental feat following the final MiCA regulation policy draft submission has sparked a wave of market discussions.

Meanwhile, MoonPay’s new offering for Dutch users could also aid in uplifting the current market sentiment, offering a gush of new investors an opportunity to trade crypto. Bitcoin and top crypto are currently experiencing a highly volatile movement in light of broader trends, urging investors to have a low-risk appetite.

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.