Dutch crypto exchange Bitvavo has secured a Markets in Crypto-Assets (MiCA) license from the Netherlands’ financial regulator, paving the way for full-scale operations across the European Union under the bloc’s new unified crypto rules.
CEO Mark Nuvelstijn praised the move, calling consistent enforcement across EU member states “essential” for fair competition. The exchange’s chief risk officer, Jeetan Patel, described the licensing process as tough but cooperative, emphasizing the firm’s commitment to regulatory compliance.
The MiCA framework, which took effect this year, aims to harmonize crypto oversight across Europe—improving investor protection, ensuring financial stability, and encouraging innovation. Bitvavo now joins a growing list of exchanges, including Kraken, Coinbase, and Bybit, that have recently gained approval under MiCA in other EU countries.
With this license in hand, Bitvavo is positioned to scale its services across multiple European markets without the regulatory fragmentation that previously limited cross-border operations. The firm says it intends to deepen its product offering, focusing on secure, compliant trading for both retail and institutional users.
As regulators across Europe tighten controls, MiCA is becoming a key benchmark for legitimacy in the crypto space. For Bitvavo and others, it’s not just a legal green light—it’s a strategic advantage in a market that’s rapidly maturing under clearer rules.
Source: https://coindoo.com/another-cryptocurrency-exchange-gains-eu-wide-approval-under-mica/