Bitwavo is the latest crypto exchange To get a market in Crypto Assets License from Dutch Authority for Financial Markets (AFM) To work in 30 countries in the European Economic Zone.
Crypto companies have been applying for a license since the regulatory regime came into force in December last year. Micah, which came into force in 2023, reconciles rules in the European Union blocks of 27 nations as well as Iceland, Norway and Liechtenstein.
The Netherlands granted licenses to four exchanges in December last year, as the rules were effective. Other exchanges like OKX, Crypto.com and Bitpanda obtained a MICA license from Malta. Crackon was awarded a license from Ireland on Thursday, the coinbase was awarded a Micah license from Luxembourg in June and Bibit was awarded the European Union License from Austria in May.
Bitwavo CEO and co-founder Mark Nuvevaltjan said in a statement, “This license provides clarity, confidence and enables Bitavavo to fulfill his ambition: to become a leading digital asset trading platform in Europe,” In a statement, “the CEO of Bitwavo and co-founder marks in a statement said.
The release of the company states that Bitwavo, who is the biggest player globally in the EUR spot market, has already registered in France, Austria, Italy and Spain.
