Crypto exchange Bitvavo has received a Markets in Crypto-Assets (MiCA) license from the Dutch Authority for Financial Markets (AFM), allowing it to operate across Europe under this regulatory framework. CEO Mark Nuvelstijn expressed strong support for the MiCA process, emphasizing the need for consistent regulation across EU member states. He highlighted that the license offers confidence and clear guidance for the exchange's operations. Bitvavo's chief risk officer, Jeetan Patel, noted that the licensing process was rigorous yet efficient, thanks to constructive collaboration with the AFM. The announcement comes amid a wave of MiCA license approvals in Europe, with companies like Coinbase and others also securing similar licenses recently. This regulatory framework is expected to boost investor confidence, with reports indicating a 70% rise in trading volumes from EU customers in the first quarter of 2025.

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