Qivalis wins Dutch EMI license for euro stablecoin

AI-generated briefing · First published 2026-10-15 04:12:14 UTC

Qivalis received Dutch EMI authorization to issue a euro stablecoin under MiCA, backed by 37 banks.

Qivalis, backed by BBVA, BNP Paribas, ING and 37 banks, received Electronic Money Institution authorization from De Nederlandsche Bank, clearing a key regulatory hurdle for its planned euro-denominated stablecoin. [1] [2]

The company plans to begin issuance within the coming months, subject to additional MiCA requirements and publication of its white paper. [2]

Sources

1. Dutch central bank grants Qivalis e-money license for MiCA-compliant euro token

   CoinDesk · 2026-10-14 11:12:36 UTC · Summary only

2. Qivalis wins Dutch e-money license for euro stablecoin

   Cointelegraph · 2026-10-14 12:53:41 UTC · Full text

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