Bitvavo is the latest crypto exchange to receive a markets in Crypto Assets license from the Dutch authority of the financial markets (Afm) To operate across the 30 nations in the European economic field.

Crypto companies have applied for licenses since the regulatory regime came into force last December. Mica, which came into force in 2023, harmonizes rules of the European Union’s 27 nations block plus Iceland, Norway and Liechtenstein.

The Netherlands also awarded licenses to four stock exchanges last December when the rules came into force. Other exchanges such as OKX, Crypto.com and Bitpanda secured a MICA license from Malta. Kraken was awarded a license on Thursday from Ireland, Coinbase was awarded a Mica license from Luxembourg in June, and ByBT was awarded an EU license from Austria in May.

“This license gives clarity, confidence and allows Bitvavo to fulfill his ambition: To become the leading digital asset trading platform in Europe,” Mark Nelstijn, CEO and co -founder of Bitvavo, said in a statement.

Bitvavo, the largest player globally in the EUR spot market, already held registrations in France, Austria, Italy and Spain, in addition to the Netherlands, says the company’s release.