Written by Turner Wrightstaff writerReviewed by Sam Bourgistaff writer

Written by Turner Wrightstaff writer

Reviewed by Sam Bourgistaff writer

BitPay secures Dutch licensing under MiCA, plans to expand stablecoin payments

Latest NewsPublishedJul 16, 2026

The Dutch Authority for the Financial Markets approved BitPay’s application as a crypto-asset service provider under the Markets in Crypto-Assets requirements.

Crypto payments company BitPay revealed that it had secured a license by the Dutch Authority for the Financial Markets, allowing the company to operate in European Union member states under the Markets in Crypto-Assets (MiCA) framework. 

On Thursday, BitPay stated that the approval as a crypto-asset service provider (CASP) by Dutch financial authorities would allow the company to expand its services in the region, including crypto and stablecoin payments. The company was one of the latest to be licensed under MiCA following a July 1 requirement for all entities offering crypto-related services to be regulated. 

“Europe is one of the most crucial regions for the future of payments,” stated BitPay’s European head, Jonathan Arler.

Source: BitPay

Although many crypto companies had been attempting to secure approvals under MiCA before the July 1 deadline, some of the biggest exchanges, like Binance, abandoned initial efforts with EU regulators. Ripple revealed last week that it had secured a CASP license with Luxembourg’s financial regulator.

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

• MiCA
• Netherlands
• European Union
• Stablecoin
• Payments
• Industry

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