Qivalis Wins Dutch Regulatory Approval for Onchain Euro Settlement

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TL;DR Qivalis received an electronic money institution license from the Dutch central bank, bringing it closer to issuing a euro-pegged stablecoin. The consortium is backed by 37 European banks, including BBVA, BNP Paribas, ING, and DZ Bank, and plans to use the token for blockchain-based settlements. The company must still meet additional requirements under the ... Read more
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