Crypto

Qivalis receives EMI authorization from Dutch central bank for euro stablecoin

Summary

Qivalis has secured an electronic money institution authorization from the Dutch central bank. This regulatory approval paves the way for the company to introduce a new euro stablecoin in the upcoming months. The planned issuance remains subject to further requirements under the Markets in Crypto-Assets framework.

Qivalis said the EMI authorization enables it to launch a euro-denominated stablecoin, with issuance planned for the coming months, subject to additional MiCA requirements.

Source: Read the full story at Cointelegraph.com News

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