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Bitvavo is the latest crypto exchange to person a Markets successful Crypto Assets License from the Dutch Authority for the Financial Markets (AFM) to run crossed the 30 nations successful the European Economic Area.
Crypto companies person been applying for the licenses since the regulatory authorities came into unit successful December past year. MiCA, which came into unit successful 2023 harmonizes rules crossed the European Union's bloc of 27 nations positive Iceland, Norway and Liechtenstein.
The Netherlands besides awarded licenses to 4 exchanges successful December past year, arsenic the rules took effect. Other exchanges similar OKX, Crypto.com and Bitpanda secured a MiCA licence from Malta. Kraken was awarded a licence connected Thursday from Ireland, Coinbase was awarded a MiCA licence from Luxembourg successful June and Bybit was awarded an EU licence from Austria successful May.
"This licence provides clarity, assurance and enables Bitvavo to fulfil its ambition: to go the starring integer plus trading level successful Europe," said Mark Nuvelstijn, CEO and co-founder of Bitvavo, successful a statement.
Bitvavo, which is the largest subordinate globally successful the EUR spot market, already held registrations successful France, Austria, Italy and Spain, successful summation to the Netherlands, the company's merchandise said.
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