Paybis secures MiCA, payment licenses in Latvia for EU crypto expansion

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Paybis secures MiCA, payment licenses in Latvia for EU crypto expansion

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Paybis secures a MiCA crypto licence and a PSD2 payment institution licence from Latvia's central bank, becoming the first company to hold both in the country. This achievement enables Paybis to expand its EU operations, facilitating cryptocurrency transactions and payments. The company's dual licensure solidifies its position in the European crypto market.

Paybis has secured both a MiCA crypto licence and a PSD2 payment institution licence from Latvia’s central bank, becoming the first company in the country to hold both simultaneously.