Dutch central bank grants Qivalis e-money license for MiCA-compliant euro token
Qivalis received a Dutch electronic money institution license from the Dutch central bank, moving the 37-bank venture closer to issuing a euro-denominated stablecoin. The planned token is still expected in the coming months, and additional MiCA requirements remain before issuance.
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Banks involved in the Qivalis venture, and the financial intermediaries it plans to use, are the groups most directly affected today. The Dutch approval gives the project a formal step forward, while the token itself is still described as not yet issued.
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