Four digital asset companies have been awarded Markets in Crypto Assets (MiCA) licenses by the Dutch Authority for the Financial Markets (AFM), allowing them to operate across the European Union. Among the recipients are crypto platform MoonPay and other firms in the digital assets sector. The MiCA framework mandates that crypto companies obtain a Crypto Asset Service Provider (CASP) license from one EU member state to function throughout the entire region. The European Union set a deadline of December 30 for member states to implement these regulations. Ivan Soto-Wright, CEO of MoonPay, expressed pride in collaborating with the AFM and embracing the new regulatory environment. This development marks a significant advance for the European digital asset industry, as more firms seek to comply with evolving regulations. Meanwhile, Socios.com received approval to operate as a regulated Virtual Financial Asset service provider in Malta, and the UK added GSR Markets to its crypto framework at the end of 2024, reflecting a broader trend toward regulatory clarity in the sector.

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