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BitPay, which describes itself as the world's longest-operating cryptocurrency payments company, has announced that BitPay B.V., the European subsidiary of BitPay, Inc., has been authorised as a crypto-asset service provider (CASP) under the EU Markets in Crypto-Assets Regulation (MiCA) by the Dutch Authority for the Financial Markets (AFM).
The licence allows BitPay B.V. to support regulated cryptocurrency payment services across the EU, including payment processing, cross-border payments, consumer spending, and partner-supported buying, selling, and swapping.
The authorisation marks a significant point in BitPay's ability to serve its European customers. Using a unified regulatory framework, merchants and partners can now access crypto payment acceptance, stablecoin-denominated payments, and cross-border payment use cases across the EU. For consumers, this means broader access to practical crypto tools for spending and managing digital assets, and, through BitPay's partners, buying, selling, and swapping them.
Thom de Jong, Chief Compliance Officer Europe, BitPay said:
"Receiving a MiCA authorisation from the AFM is an important milestone for BitPay and strengthens our ability to serve businesses and consumers with regulated digital asset services across the EU. MiCA creates a unified framework for responsible crypto innovation across Europe, and this authorisation adds a strong validation of our compliance-first approach for our customers."
With authorisation in Europe, BitPay adds to its global regulatory footprint, which includes money transmitter licenses and other approvals in key jurisdictions. This expanded foundation is intended to help BitPay support businesses and consumers around the world as crypto payments and digital asset services become more widely utilised.
Jonathan Arler, Head of Europe, BitPay
Jonathan Arler, Head of Europe, BitPay said:
"Europe is one of the most important regions for the future of payments. From Amsterdam, BitPay is now positioned to support merchants, partners, and consumers as demand grows for practical ways to accept, move, manage, and spend digital assets."
Since 2011, BitPay has been involved in the development of cryptocurrency payments, from early experimentation to real-world utility. The MiCA licence marks a further stage in this evolution and is set to support BitPay's next phase of growth as digital assets become more integrated into commerce, consumer finance, stablecoin payments, and cross-border transactions.
BitPay will continue investing in its European operations, strategic partnerships, and regulated payment infrastructure with the stated aim of making cryptocurrency more practical and accessible for businesses and consumers across the EU.
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