Dutch regulators have granted four digital asset service operators new cryptocurrency licences, allowing them to operate anywhere in the EU under MiCA.

They were MoonPay, BitStaete, FinTech ZBD and Hidden Road consent By the Dutch Financial Markets Authority to obtain crypto asset market licenses in the Netherlands.

The registration with the Dutch AFM paves the way for MoonPay's cryptocurrency payment platform, BitStaete's digital asset management business, FinTech ZBD's Bitcoin Lightning service, and the Hidden Road clear broker to operate in any of the 27 EU member states.

The four companies join companies such as Circle and Socios.com in obtaining regulatory permission under the new EU regulatory route.

Mika represents The first comprehensive set of cryptographic rules in a master block. Under this framework, companies must obtain a crypto-asset service provider license from an EU member state.

The rules in the EU rule book came into full force on December 30, and EU members were expected to implement the rules by that date. However, countries faced bottlenecks in implementing the MiCA process.

The United Kingdom, which left the European Union in 2020, rushed to attract cryptocurrency businesses after the creation of MiCA. Cryptocurrency trading company GRS Market recently register UK Financial Conduct Authority approval.

Meanwhile, companies with EU clients have dropped incompatible tokens from their platforms. Coinbase and other exchanges It has been deleted Tokens like Tether (USDT) stablecoin as operators adapt to the new regulatory regime.