BitPay has received authorization as a Crypto-Asset Service Provider (CASP) under the European Union's Markets in Crypto-Assets (MiCA) Regulation. Granted by the Dutch Authority for the Financial Markets (AFM), the approval enables BitPay to expand regulated cryptocurrency payment services across the EU, strengthening its position in the growing digital assets and crypto payments market.
BitPay B.V., the European subsidiary of BitPay, Inc., has been authorized as a Crypto-Asset Service Provider (CASP) under the EU's Markets in Crypto-Assets (MiCA) Regulation. The authorization establishes a unified regulatory framework that enables the company to deliver compliant cryptocurrency payment services throughout the European Union.
With the MiCA license, merchants and business partners can expand their use of cryptocurrency payment acceptance, stablecoin-based transactions, and cross-border payment solutions. Consumers also gain greater access to regulated tools for spending, managing, and, through BitPay's partners, buying, selling, and swapping digital assets.
"Receiving a MiCA authorisation from the AFM is an important milestone for BitPay and strengthens our ability to serve businesses and consumers with regulated digital asset services across the EU," said Thom de Jong, Chief Compliance Officer Europe at BitPay. "MiCA creates a unified framework for responsible crypto innovation across Europe, and this authorisation adds a strong validation of our compliance-first approach for our customers."
The MiCA authorization expands BitPay's existing global regulatory presence, complementing its money transmitter licenses and other regulatory approvals across key international markets. This regulatory foundation supports the company's long-term strategy of enabling businesses and consumers to adopt cryptocurrency payments with greater confidence.
As digital assets continue to become part of mainstream commerce, BitPay aims to support secure and compliant payment experiences across multiple industries and cross-border transactions.
"Europe is one of the most important regions for the future of payments," said Jonathan Arler, Head of Europe at BitPay. "From Amsterdam, BitPay is now positioned to support merchants, partners, and consumers as demand grows for practical ways to accept, move, manage, and spend digital assets."
Since its founding in 2011, BitPay has focused on developing cryptocurrency payment solutions for businesses and consumers. The company views the MiCA authorization as an important step toward expanding regulated digital asset services across Europe as cryptocurrencies and stablecoins become increasingly integrated into commercial transactions and consumer finance.
BitPay also announced plans to continue investing in its European operations, strategic partnerships, and regulated payment infrastructure to support the growing adoption of cryptocurrency payments throughout the EU.
Founded in 2011, BitPay is one of the oldest cryptocurrency companies. As a pioneer in blockchain payment processing, the company's mission is to transform how businesses and people send, receive, and store money. Its business solutions eliminate fraud chargebacks, reduce the cost of payment processing, and enable borderless payments in cryptocurrency, among other services. For consumers, the BitPay Wallet offers a complete digital asset management solution to buy, store, swap, sell, and spend cryptocurrency with ease. The company has offices in North America and Europe, and has raised more than $70 million in funding from leading investment firms including Founders Fund, Index Ventures, Virgin Group, and Aquiline Technology Growth. For more information visit bitpay.com.
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