Bitvavo and its MiCA license
Bitvavo is a Dutch crypto exchange in Amsterdam with an order book built around euro trading pairs. Its MiCA license from the Dutch Authority for the Financial Markets lets it serve every EU member state from one license.
What the MiCA license covers
The AFM granted Bitvavo its license under the Markets in Crypto-Assets Regulation. Bitvavo says the license lets it offer its services across all EU member states, as well as Norway, Iceland and Liechtenstein, under a single harmonized framework, as The Block quotes its announcement. Before MiCA, Bitvavo held national registrations in France, Austria, Italy and Spain next to the Netherlands. Cointelegraph placed the license in a series of MiCA approvals for exchanges, with Kraken licensed in Ireland, Coinbase in Luxembourg and Bybit in Austria. CASP license explains what such an authorization covers.
Euro trading and stablecoins
The market data firm Kaiko counts trades in euro pairs such as BTC/EUR across all exchanges, and by its count Bitvavo handles 44 percent of global EUR spot volume, as crypto hubs in Europe reports. The largest euro crypto exchanges puts the number of Bitvavo's euro trading pairs at more than 440. On the payments side, Bitvavo offers MiCA-compliant USDC, and it lists Societe Generale-FORGE's euro and dollar stablecoins EURCV and USDCV, as SG-FORGE notes. The German custodian Tangany names Bitvavo among its clients.
Bitvavo and Germany
Bitvavo stopped its service for German customers after it withdrew its application for a BaFin crypto custody license, and said it would rely on MiCA, BTC-ECHO reported. The MiCA license from the AFM covers Germany as an EU member state, so a return no longer depends on a separate German license. Crypto in Europe explains how the MiCA passport works between member states.
Upcoming digital asset events
Bitvavo and Finance Loop events
The Berlin web3 festival W3 Hub names one of its festival layers after Bitvavo, as W3 Hub Berlin describes. Market infrastructure and custody are on the program of the Crypto Assets Conference in Frankfurt, which Finance Loop partnered with.
Investment & Digital Assets
Payments & Digital Money
Risk & Compliance
Does Bitvavo have a MiCA license?
Yes. The Dutch Authority for the Financial Markets granted Bitvavo a MiCA license, which covers all EU member states plus Norway, Iceland and Liechtenstein.
Can customers in Germany use Bitvavo?
Bitvavo left Germany after withdrawing its BaFin license application. Its MiCA license now covers Germany as part of the EU, and Bitvavo states on its own site which countries it serves.
How large is Bitvavo in euro trading?
By Kaiko's count Bitvavo handles 44 percent of global spot trading in euro pairs, with more than 440 euro trading pairs.
Exchanges and MiCA
Bitvavo and Finance Loop
Finance Loop covers crypto market infrastructure through its partnership with the Crypto Assets Conference in Frankfurt. Crypto exchanges belong to Finance Loop's Investment & Digital Assets track.
Finance Loop is a professional network and has the goal of driving the adoption of emerging technologies in finance, such as AI, digital payments, cloud and blockchain solutions. Finance Loop helps its members build skills and personal networks in these fields: Investment & Digital Assets, Payments & Digital Money, Digital Infrastructure & Sovereignty, and Risk & Compliance.