BitPay Wins EU-Wide Crypto Services Approval Under MiCA

BitPay has secured regulatory approval to offer digital asset services across the European Union. The company received authorization from the Dutch Authority for the Financial Markets (AFM) as a crypto-asset service provider (CASP), allowing it to operate under the EU's Markets in Crypto-Assets (MiCA) framework.

This approval enables BitPay to expand its regulated crypto payment services, including cryptocurrency acceptance, stablecoin transactions, and cross-border payments. The company will also provide tools for consumers to spend and manage digital assets.

BitPay joins Coinbase and Ripple as a leading crypto firm with EU-wide operating rights under MiCA. The authorization allows the company to strengthen its compliance-focused approach while supporting businesses and consumers throughout the EU.