- MoonPay has received regulatory approval as MiCA compliant.
- The crypto payments platform has secured a license in the Netherlands.
Crypto payments provider MoonPay has obtained a license under the European Union’s Markets in Crypto-Assets (MiCA) regulation, allowing the company to operate across the EU under the new legal framework.
MoonPay announced that the Dutch Authority for the Financial Markets (AFM) approved its registration under MiCA. With this authorization, MoonPay can offer its products and services throughout Europe in alignment with MiCA’s requirements.
“This approval is a testament to MoonPay’s proactive approach to regulation and our commitment to building a trusted bridge between the traditional financial world and the rapidly evolving crypto ecosystem,” MoonPay co-founder and CEO Ivan Soto-Wright said.
MiCA roll out
Securing MiCA registration marks a significant milestone in MoonPay’s expansion strategy. MiCA introduces a harmonized regulatory and legal framework for crypto firms operating within the EU, creating consistent rules for market participants.
The MiCA framework, adopted in 2023, takes full effect on December 30, 2024. Ahead of its implementation, many digital asset service providers have pursued regulatory approvals to maintain and expand service offerings across the single market.
“MiCA represents a pivotal moment for the European digital asset industry, and we’re proud to have worked collaboratively with the Dutch AFM to be among the first to embrace this new regulatory framework,” Soto-Wright added.
MiCA’s objectives include strengthening anti-money laundering safeguards, enhancing consumer protection, and promoting innovation and market stability. The regulation aims to raise standards for governance, transparency, and operational resilience among crypto businesses.
For MoonPay, AFM approval enables broader market access, allowing more individuals and businesses across Europe to use its crypto payment services. The platform supports a variety of payment methods, including Venmo, PayPal, Apple Pay, debit and credit cards, as well as bank transfers, facilitating buying, selling, and trading of digital assets through familiar payment channels.
By meeting MiCA’s regulatory requirements, MoonPay positions itself to serve a larger European customer base while adhering to stronger compliance expectations. The license is likely to reassure partners, merchants and users that the company operates under standardized EU rules designed to protect consumers and the integrity of the digital asset market.
As MiCA becomes fully operative, the broader industry will continue adjusting to the new regime. Companies that secure timely approvals under MiCA can more confidently scale services across member states, while regulators will monitor compliance to ensure the regulation’s core goals—consumer protection, market integrity and innovation—are delivered.