
MoonPay wins Dutch licence for euro stablecoins
MoonPay has received an Electronic Money Institution licence from De Nederlandsche Bank, allowing it to issue euro-denominated stablecoins.
MoonPay added Cash App Pay for US customers buying cryptocurrency through its checkout service.
MoonPay acquired Dawn Labs for an undisclosed amount and simultaneously launched Dawn CLI, an AI-powered tool designed for prediction market trading.
MoonPay has acquired crypto key management firm Sodot in a deal reportedly worth around $100 million, while launching a new institutional division to expand beyond retail services.
Joachim Nagel, head of the Deutsche Bundesbank, endorsed the development of a euro-pegged central bank digital currency and euro-denominated stablecoins to strengthen Europe’s payment sovereignty.