Qivalis Secures Dutch E‑Money License to Launch MiCA‑Compliant Euro Stablecoin
Current overview (not historical)
Qivalis has obtained an electronic money institution licence from the Dutch central bank, allowing it to operate a euro‑stablecoin within the European Economic Area. The licence, however, does not bypass the broader MiCA regulatory framework; the company must still comply with MiCA requirements and publish a white‑paper before it can issue the token. Qivalis plans to launch the stablecoin within the coming months, and 37 banks across 15 countries have expressed support for the project. While the licence marks a significant step toward legal operation, the MiCA rules remain a key hurdle for the stablecoin’s actual deployment.
Written with AI from the reporting · updated 10/15/2026
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- 1Unclassified fact stationOct 14, 00:00recorded Oct 14, 22:22revised
Qivalis 获得荷兰电子货币许可证
Read original source ↗ CointelegraphReplay this moment in the explorerEvidence & revisions · 3 source records
- Subject：
- Qivalis
- Action：
- 获得荷兰央行电子货币许可证
- Object：
- 欧元稳定币项目
- Occurred (fact side)：
- Oct 14, 00:00
- Published (valid side)：
- Oct 14, 20:53
- First seen (known side)：
- Oct 14, 22:22
- Published (valid side)：
- Oct 15, 12:40
- First seen (known side)：
- Oct 15, 22:26
- Published (valid side)：
- Oct 14, 19:12
- First seen (known side)：
- Oct 15, 23:27
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- CryptoSlateSource report revisedQivalis obtains Dutch EMI license for planned euro stablecoin, pending MiCA compliance
Report first recorded Oct 15, 22:26
Qivalis received an electronic money institution (EMI) license from De Nederlandsche Bank (DNB), the Dutch central bank, to support its planned euro-denominated electronic money tokens (EMTs). The company, backed by 37 banks across 15 countries, plans to begin issuance within the coming months through institutional partners using a B2B2X model. However, issuance is contingent upon meeting EU's Markets in Crypto-Assets Regulation (MiCA) requirements and publishing a detailed white paper, and the token is not yet live.
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- CointelegraphSource report revisedQivalis secures Dutch e-money license for euro stablecoin operations
Report first recorded Oct 14, 22:22
Qivalis obtained an e-money license from the Netherlands Authority for the Financial Markets (AFM) specifically for its euro stablecoin business. This license enables Qivalis to legally operate and offer related financial services within the Eurozone.
Read original source ↗ - CoinDeskSource report revisedDutch Central Bank grants Qivalis e-money license for MiCA-compliant euro token
Report first recorded Oct 15, 23:27
Qivalis, a consortium backed by 37 major European banks including BBVA, BNP Paribas, ING and DZ Bank, received an Electronic Money Institutional approval from the Bank of the Netherlands (DNB). This license moves the Amsterdam-based company closer to issuing euro-denominated Electronic Money Tokens (EMTs), a regulated form of stablecoin, through banks, cryptocurrency exchanges, and payment providers in the coming months. Under the EU’s Markets in Crypto-Assets (MiCA) regulation, EMT holders can redeem tokens at face value but the tokens cannot pay interest; Qivalis must still publish a white paper before launch.
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