Stablecoin infrastructure provider BVNK has received a license from the Malta Financial Services Authority (MFSA) to operate as a crypto asset service provider. According to ChainCatcher, this license allows BVNK to offer digital asset services regulated under the EU's Markets in Crypto-Assets (MiCA) framework across Malta and the European Economic Area (EEA).
The approval enables BVNK to function within the EU's unified regulatory framework for crypto and digital asset service providers. BVNK stated that this strengthens its role as a regulated bridge between traditional euro payment systems and stablecoin settlements, primarily targeting businesses seeking compliant cross-border settlement solutions.