Home / Policy Tracker / Policy Event
Policy Event · High impact

BitPay Receives Dutch MiCA CASP Authorization

BitPay said its European subsidiary BitPay B.V. has been authorised by the Dutch AFM as a crypto-asset service provider under MiCA. The approval lets the payments firm provide regulated crypto payment processing, cross-border payments, stablecoin payments and partner-supported buy-sell-swap services across the EU.

High impact🌐 EU🌐 NLLicensingStablecoinBitPayAFM

APAC FINSTAB analysis

Although this is outside core APAC, it is relevant because global market-structure, enforcement, and stablecoin precedents often shape licensing expectations for APAC exchanges, issuers, custodians, and DeFi teams. Named institutions or platforms: BitPay, AFM. Teams should monitor the original source, map the change to licensing, custody, disclosure, and market-access obligations, and update their jurisdiction playbooks before the next compliance review.

Compliance read-through: map this event to entity licensing, market-access, custody, disclosure, token listing, and operational-risk obligations before expanding or marketing in the affected jurisdiction.

View related Licensing tracker page →

Related policy events

AUSTRAC Says Enrolment Is First AML CTF Step

AUSTRAC reminded businesses that enrolment is the first step toward meeting AML/CTF obligations and urged firms that have not enrolled to act. For Australian digital-currency and VASP-adjacent businesses, the reminder keeps enrolment records, designated-service scope, contacts and ongoing reporting duties in focus.

Medium impact🇦🇺 AustraliaAMLLicensingRegulation
APAC FINSTAB analysis → Original source ↗

Europe Tests Digital Euro And Private Euro Stablecoin In Parallel

Revolut began a phased EURR rollout to eligible users in Denmark, Poland and Portugal while the digital euro debate continues in Europe. Private euro stablecoins and central-bank money are now developing side by side, putting MiCA treatment, reserve backing, redemption banks and payment flows under closer scrutiny.

High impact🌐 EU🌐 PLStablecoinCBDCRegulationEURRETH
APAC FINSTAB analysis → Original source ↗

Vietnam Crypto Exchange Licenses Await Level 4 Security And Capital Checks

Vietnam has still not issued its first crypto exchange license, but five companies have passed an initial assessment. Applicants must next meet Level 4 information-system security requirements and contribute at least VND 10 trillion in capital, while new virtual-asset market penalties take effect on September 1.

High impact🇻🇳 VietnamLicensingRegulationExchange
APAC FINSTAB analysis → Original source ↗

AUSTRAC Section 167 Notices Target Unregistered Designated Services

AUSTRAC section 167 notices have moved into evidence gathering against firms that appear to provide designated services without registration. Australian-facing exchanges, OTC desks, payment services and wallet operators need records on customer reach, marketing, geofencing and AML/CTF registration analysis.

High impact🇦🇺 AustraliaAMLEnforcementLicensingBTCETHUSDT
APAC FINSTAB analysis → Original source ↗