Noah obtains MiCA and PSD2 licenses, expanding stablecoin payments to 27 EU markets
Noah Secures EU Licences to Expand Stablecoin Payments Across 27 Markets
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Stablecoin payments provider Noah has obtained a MiCA crypto-asset service provider license and a PSD2 payment institution license, allowing it to provide stablecoin and fiat payment services in the 27 EU member states. The licenses support its ability to hold, exchange, and transfer stablecoins on behalf of clients, and execute fiat payments via credit transfers; Noah also said it will seek direct access to the SEPA network. The company said its service network now covers more than 150 markets and 60 currencies, enabling clients to complete KYC and KYB through a single regulated provider.
The article explains the MiCA and PSD2 licenses within the same framework, helping readers understand how stablecoin service providers can use unified authorization to cover the 27 EU member states.
Source:Payments Cards & Mobile · paymentsindustryintelligence.com