BitPay Obtains EU Crypto License Under MiCA Regulations

Cryptocurrency payment processor BitPay has received authorization to operate across the European Union under the bloc’s landmark Markets in Crypto-Assets (MiCA) regulation, the company announced Thursday (July 16). The approval, granted by the Dutch Authority for the Financial Markets (AFM), designates the firm’s European subsidiary, BitPay B.V., as an authorized crypto-asset service provider (CASP). The license allows the Atlanta-based company to provide a suite of regulated services, includin