DUTCH CENTRAL BANK APPROVES QIVALIS EURO STABLECOIN UNDER MiCA ๐ช๐บ Qivalis has reportedly received Electronic Money Institution (EMI) authorisation from the Dutch central bank, De Nederlandsche Bank (DNB), marking a major milestone for its planned euro-backed stablecoin. Backed by a consortium of 37 European banks across 15 countries, Qivalis aims to bring regulated euro-denominated digital payments and blockchain settlements to the European financial system. WHY IT MATTERS: ๐น MiCA-aligned regulatory framework ๐น Planned 1:1 euro-backed digital token ๐น Potential competition for existing euro stablecoins ๐น Growing institutional adoption of blockchain payments The stablecoin launch is still pending. The licence does not mean the token is already live.