INSUBCONTINENT EXCLUSIVE:
Bitvavo has become the latest crypto exchange to be granted a Markets in Crypto-Assets (MiCA) license by the Dutch Authority for Financial
Markets (AFM), allowing it to operate across Europe under the new regulatory framework.Bitvavo co-founder and CEO Mark Nuvelstijn confirmed
the news in a statement on Friday and expressed his full support for the MiCA process
said the license provides the crypto exchange with clear guidance and confidence to operate across Europe
MiCA is designed to standardize and regulate the crypto market across Europe, focusing on investor protection, financial stability and
approvals in Europe in recent months.On Wednesday, crypto exchange Kraken said it had received the MiCA license from the Central Bank of
Financier.Related: European Commission downplays stablecoin risks, counters ECB warningThree weeks prior, on May 29, crypto exchange Bybit
confidence across the region
Konstantins Vasilenko, co-founder and chief business development officer at Paybis, told Cointelegraph on June 22 that trading volumes from
EU customers jumped 70% quarter-on-quarter in Q1 2025, right after the MiCA regulation took effect.Magazine: Why being a Gen Z crypto
