MoonPay Acquires Virtual Asset Business License in Europe

Miami-based virtual asset (cryptocurrency) payment company MoonPay has announced that it has acquired a virtual asset payment license in Europe.

According to the cryptocurrency-focused media CryptoNews on the 30th, MoonPay has obtained a virtual asset service provider (CASP) license from the Dutch financial authorities in Europe. This license signifies that MoonPay can provide virtual asset-related services in Europe based on the European ‘Virtual Asset Law’ MiCA.

Ivan Soto-Wright, CEO of MoonPay, stated, “This approval is a testament to MoonPay’s commitment,” adding, “We will build a reliable bridge connecting traditional finance and the cryptocurrency economy.”

Meanwhile, the MiCA law is the world’s first basic law on virtual assets established by the European Union (EU) and is binding in the 27 member states of the EU.