MoonPay Secures MiCA Approval in Netherlands

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Crypto infrastructure service provider MoonPay has been officially approved to operate under the European Union’s Markets in Crypto-Assets (MiCA) regulation by the Netherlands.

MoonPay has received its license from the Netherlands’ Authority for the Financial Markets (AFM), enabling it to offer services seamlessly across the European Economic Area (EEA). According to Ivan Soto-Wright, the CEO of MoonPay, this milestone marks a major step in the integration of the crypto industry into the global financial system.

He also expressed the company’s commitment to work closely with regulators, businesses, and users to shape the future of digital payments. Soto-Wright believes that the approval is a testament to MoonPay’s proactive regulatory engagement and its mission to bridge the gap between traditional finance and the world of crypto.

The MiCA framework, established by the European Union, aims to create a harmonized regulatory environment for digital assets. It puts consumer protection, transparency, and market integrity at the forefront and provides a strong foundation for the rapidly expanding crypto industry.