Dutch central bank grants Qivalis e-money license for MiCA-compliant euro token
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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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What it means
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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Has this happened before?
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|---|---|---|
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| 26 days ago | EU Regulators Tighten Stablecoin Rules and Advance Digital Euro event | 1 actors in common · 2 news media |
| 26 days ago | ESMA Calls for Noncompliant Stablecoin Wind-Down by Jan. 8 event | 1 actors in common · 2 news media |
| 28 days ago | EU finance ministers strike preliminary deal to centralize markets oversight under ESMA event | 1 actors in common · 2 news media |