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Qivalis wins Dutch license for euro stablecoin

Original: Qivalis secures Dutch EMI license to launch bank-backed euro stablecoin

Qivalis has obtained an electronic money institution license from Dutch regulators, allowing it to issue a euro stablecoin backed by banks. The approval positions the firm to offer a regulated euro-denominated digital currency as demand grows for compliant stablecoins in Europe under the EU's new crypto rules.

Why now: Bank-backed euro stablecoins are a hot topic as Europe's MiCA regulation pushes issuers to secure licenses.

QivalisNetherlandseuro stablecoin

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