Dutch Central Bank certifies Qivalis as a compliant e-money institution, paving the way for a euro stablecoin
The Dutch Central Bank has formally approved Qivalis as an electronic money institution compliant with MiCA rules. The institution is backed by 37 European banks. Qivalis will publish a white paper to meet EU requirements and is expected to launch its token through banks, exchanges and payment providers in the coming months, bringing the euro stablecoin closer to issuance.
The Dutch Central Bank has formally approved Qivalis as an electronic money institution compliant with MiCA rules. The institution is backed by 37 European banks. Qivalis will publish a white paper to meet EU requirements and is expected to launch its token through banks, exchanges and payment providers in the coming months, bringing the euro stablecoin closer to issuance.