Qivalis Wins Dutch E-Money License for Planned Euro…
By Abdelaziz Fathi
Source excerpt · FinanceFeeds
Qivalis has secured authorization from the Dutch central bank as an electronic money institution, clearing one of the largest regulatory hurdles facing a consortium of 37 European banks preparing to launch a euro-denominated stablecoin. De Nederlandsche Bank granted the Amsterdam-based company its Electronic Money Institution, or EMI, authorization, placing Qivalis under ongoing Dutch supervision…