Qivalis Secures Dutch EMI License for Euro Stablecoin
Qivalis has obtained a Dutch electronic money institution license to issue a bank-backed euro stablecoin.
Qivalis has secured a Dutch electronic money institution (EMI) license, according to CoinDesk. The regulatory approval clears the path for the firm to launch a bank-backed euro stablecoin.
Regulatory Milestones
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The acquisition of the Dutch EMI license provides Qivalis with the legal framework required to operate within the European regulatory perimeter for electronic money and digital assets.
Key facts
- Qivalis secured a Dutch EMI license
- The license paves the way for a bank-backed euro stablecoin launch
Source: news.google.com
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