PANews reported on December 30 that according to Cryptonews, the crypto payment platform MoonPay announced that it has obtained the MiCA license issued by the Netherlands Financial Market Authority. The MiCA regulations establish a unified legal framework for digital assets throughout the European Economic Area (EEA) and aim to improve consumer protection, transparency and market stability.

The platform said that after obtaining MiCA approval, it can continue to provide fiat-to-cryptocurrency and crypto-to-fiat payment services in Europe. The payment company said that it operates in more than 180 countries and supports more than 100 digital assets. The MiCA framework officially came into effect today, representing an important step forward for the European cryptocurrency sector.