Catenaa, June 30, 2025-Amsterdam-based crypto exchange Bitvavo has secured a Markets in Crypto Assets (MiCA) license from the Netherlands’ financial watchdog, paving the way for the largest EUR-denominated spot exchange to offer services across all 27 European Union member states.
The Dutch Authority for the Financial Markets (AFM) issued the license, joining a wave of recent approvals granted under the EU’s unified crypto regulatory framework.
Bitvavo now stands alongside Coinbase and Kraken, which received their MiCA licenses from Luxembourg and Ireland respectively.
The firm, which commands a leading position in the euro spot market, views the license as a major step toward becoming Europe’s top digital asset platform.
MiCA became fully effective at the end of 2024, providing a standardized set of rules for crypto companies operating in Europe. The regulation is intended to level the playing field by ensuring consistent enforcement and operational clarity across borders.
Bitvavo CEO Mark Nuvelstijn said the approval provides the legal certainty needed to expand further, aligning with the company’s goal of dominating the European crypto market. The license adds to the Netherlands’ growing list of approved firms, including MoonPay and several others.
