Crypto exchange Bitvavo has received a MiCA license from the Dutch Authority for Financial Markets, allowing it to operate across Europe.
License Confirmation
Co-founder and CEO of Bitvavo, Mark Nuvelstijn, confirmed the license acquisition in a statement on Friday, expressing support for the MiCA process. He said:
> "For a level playing field in Europe, it is essential that the rules are formulated and enforced consistently across all member states."
Effective Collaboration with Regulators
Nuvelstijn also indicated that the license provides the exchange with clear guidance and confidence to operate in Europe. Bitvavo's chief risk officer, Jeetan Patel, noted that the licensing process was rigorous but efficient, adding:
> "We highly value the constructive collaboration with the AFM throughout this process. It has progressed efficiently."
Growing Interest in MiCA Licensing
Bitvavo's licensing announcement comes amidst an increase in crypto firms seeking MiCA approval. In recent months, exchanges like Kraken, Coinbase, and Bybit have also secured licenses in various European jurisdictions, indicating growing interest in new regulatory standards.
The acquisition of the MiCA license represents a significant step for Bitvavo, confirming a sustained trend toward clearer and more consistent rules for crypto trading in Europe.
