Bitvavo, a digital asset trading platform in Europe, has secured a license from the Dutch Authority for the Financial Markets (AFM) under the new European Markets in Crypto-Assets Regulation (MiCAR).
This license allows Bitvavo to operate across all EU member states, as well as Norway, Iceland, and Liechtenstein, under a unified regulatory framework designed to enhance the safety of crypto-asset trading and provide consistent supervision.
The MiCAR framework aims to protect users by establishing clear rules for crypto service providers, facilitating service delivery to both retail and institutional clients without the need for separate national registrations. Bitvavo’s Chief Risk Officer, Jeetan Patel, emphasized the significance of this milestone for the company and its users, while CEO Mark Nuvelstijn highlighted the importance of consistent regulations across Europe to foster a level playing field. With this new license, Bitvavo aims to strengthen its position as a leading digital asset trading platform in the European market.
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