ChainCatcher reports that, according to Financefeeds, stablecoin infrastructure provider BVNK has obtained a Cryptocurrency Asset Service Provider (CASP) license issued by the Malta Financial Services Authority (MFSA), allowing it to offer digital asset services regulated under the European Union’s Markets in Crypto-Assets Regulation (MiCA) in Malta and expand these services across the European Economic Area (EEA).
This license enables BVNK to operate under the EU’s unified regulation framework for crypto and digital asset service providers. BVNK stated that this approval strengthens its role as a regulated bridge between traditional euro payment channels and stablecoin settlement, primarily targeting businesses seeking compliant cross-border settlement solutions.
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