
BitPay secures MiCA licence for stablecoins
- BitPay has obtained a Markets in Crypto-Assets (MiCA) licence to expand stablecoin payment services in Europe.
- The approval allows the company to offer regulated crypto payment services across the European Union.
- BitPay said the licence supports wider adoption of stablecoin payments by businesses and consumers.
BitPay has secured a Markets in Crypto-Assets (MiCA) licence, enabling the company to expand regulated stablecoin payment services across the European Union.
The approval allows BitPay to operate under the EU's new crypto regulatory framework while offering compliant digital asset payment solutions.
BitPay said the MiCA licence strengthens its ability to help merchants and consumers use stablecoins for everyday payments across Europe.
The MiCA framework establishes common rules for crypto businesses operating throughout the European Union, including stablecoin issuers and crypto service providers.
BitPay said the regulatory approval will support broader adoption of blockchain-based payments while meeting European compliance requirements.
The licence comes as crypto payment providers seek to expand regulated services following the implementation of the EU's comprehensive digital asset rules.
The latest approval highlights the growing role of stablecoins in cross-border payments as companies adapt to Europe's evolving regulatory environment.