MoonPay Receives Electronic Money Institution License from Dutch Central Bank

License Granted On September 8, MoonPay Europe B.V.
received an Electronic Money Institution (EMI) license from De Nederlandsche Bank (DNB), the Dutch central bank.
This license allows the company to add electronic money and payment services to its existing crypto‑asset offerings.
Regulatory Context Under the Markets in Crypto‑Assets (MiCA) framework, issuers of e‑money tokens tied to a single official currency must hold a credit institution or authorized electronic money institution status.
MoonPay’s new license removes a key regulatory hurdle for developing euro‑based stablecoin products.
New Product Development MoonPay already offers virtual accounts and stablecoin settlement services.
With the EMI license, these products can be more tightly integrated with European payment accounts and e‑money functions.
MoonPay Enterprise positions itself as a global stablecoin payment infrastructure for banks, fintechs, and merchants.
Industry Impact The move signals that crypto firms in Europe are moving beyond just trading and custody to pursue traditional payment licences.
As companies combine MiCA‑approved crypto‑asset services with electronic money and card products, the boundary between crypto and payment infrastructure blurs, creating a smoother user experience between fiat and digital assets.
For MoonPay, the primary value of the new licence lies in the market expansion enabled by this integration.