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Another Cryptocurrency Exchange Gains EU-Wide Approval Under MiCA

  • Bitvavo, a cryptocurrency exchange, has gained EU-wide approval under the MiCA framework, joining other exchanges like Kraken, Coinbase, and Bybit.
  • The move was praised by Bitvavo's CEO and chief risk officer for promoting fair competition and demonstrating the firm's commitment to regulatory compliance.
  • MiCA aims to harmonize crypto oversight in Europe, enhance investor protection, ensure financial stability, and encourage innovation.
  • With this approval, Bitvavo can expand its services across European markets, focusing on secure trading for both retail and institutional users.

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