Bitvavo has announced that it has received a MiCA license from the Dutch Authority for the Financial Markets (AFM). This will allow the exchange to offer its digital asset services throughout the European Union, following a single regulatory standard.
Bitvavo CEO Mark Nouvelstijn emphasized that supporting the MiCAR principles is an important step for them to create transparent and uniform rules for all EU countries. According to him, having a clear regulatory framework gives businesses stability and confidence in the future, and the platform itself the opportunity to implement ambitious plans to strengthen its position in the European market.
Risk management manager Jitan Patel added that during the licensing process, the company closely interacted with the AFM and carefully followed all MiCA provisions. This underlines Bitvavo's commitment to maximum openness and readiness to work according to strict standards.
Bitvavo is currently considered the largest spot platform for trading crypto assets in euros and is already the fifth platform to receive a MiCA license in the Netherlands. Previously, such permits were received by other major market players, such as Coinbase and Kraken. The former registered in Luxembourg, while the latter chose Ireland as the jurisdiction for obtaining a European license.
It is noteworthy that in December last year, another well-known company, MoonPay, received a similar permit in the Netherlands. According to recent press reports, Gemini may soon join the list of regulated players in the EU — the platform plans to register in Malta.
Thus, the MiCA regulation is gradually covering more and more crypto companies, opening up simplified access to the EU market for them and giving investors more confidence in the transparency of the industry. For users, this means more reliable regulation and the ability to safely use the services of trusted providers.
Experts note that the adoption of a unified MiCAR legislation helps to create equal conditions for all market participants and reduces the risks associated with differences in rules in individual countries. For Bitvavo and other licensed exchanges, this opens up new horizons for development and expansion of the client base in all corners of Europe.