Qivalis wins Dutch e-money license for euro stablecoin
60-second summary
Qivalis secures a Dutch electronic‑money institution licence, allowing it to issue a euro‑denominated stablecoin within months, pending further MiCA compliance. The authorisation marks the first Dutch e‑money licence granted for a crypto‑backed token, signaling regulators’ growing comfort with stablecoins. This development could boost euro‑stablecoin adoption and attract institutional liquidity to the market.
Qivalis said the Electronic Money Institution authorization enables it to launch a euro-denominated stablecoin, with issuance planned for the coming months, subject to additional MiCA requirements.