NewsSOS
A MiCA license obtained by BitPay B.V. authorizes the Amsterdam-registered entity to provide regulated cryptocurrency and stablecoin payment services across the European Union, the company said Wednesday.
BitPay, the Atlanta-based parent, disclosed the authorization in a PRNewswire release.
Permitted services include payment processing, cross-border payments, consumer spending, and partner-supported buying, selling, and swapping of digital assets.
Authorized service categories The four permitted functions split across two layers. Payment processing and cross-border payments address the infrastructure side.
Keep reading