Bitvavo, Europe’s largest euro-denominated crypto exchange, has officially obtained a MiCA license, enabling the platform to offer its full suite of services across all 27 European Union member states.
The license was granted by the Dutch Authority for the Financial Markets (AFM), marking a major regulatory milestone for the Amsterdam-based company.
“We appreciate the AFM’s collaborative and efficient approach throughout this licensing process,” said Jeetan Patel, Bitvavo’s Chief Risk Officer.
Joining the Elite Club of Licensed Exchanges
With this move, Bitvavo joins other major players like Coinbase, which secured its MiCA license in Luxembourg, and Kraken, which was licensed in Ireland. The Netherlands has also recently granted MiCA licenses to MoonPay and three additional crypto service providers.
MiCA (Markets in Crypto-Assets), which became fully enforceable in late 2024, establishes a unified regulatory framework for crypto firms across the EU—enhancing consumer protection, market integrity, and cross-border operational clarity.
“This license brings clarity and trust to both users and partners,” said Bitvavo CEO Mark Nuvelstijn. “It’s a critical step in achieving our mission to become Europe’s premier digital asset exchange.”
Crypto Regulation Momentum Builds in Europe
As the EU tightens its grip on digital assets, more crypto firms are racing to secure MiCA approval. Reports indicate that Gemini is in the final stages of receiving regulatory clearance from Malta, which is rapidly emerging as another key MiCA hub.