Paysafe Secures MiCA Licence for Skrill and Neteller to Expand Crypto Across EEA - FinanceFeeds
Paysafe has obtained a Crypto-Asset Service Provider (CASP) licence under the European Union’s Markets in Crypto-Assets (MiCA) framework from the Central Bank
➤ Paysafe has obtained a Crypto-Asset Service Provider (CASP) license under the EU's MiCA framework from the Central Bank of Ireland, enabling Skrill and Neteller to offer regulated crypto services across the EEA. ➤ This license is particularly significant for entry into Germany, a key market for Paysafe, allowing regulated crypto trading for the first time. ➤ The MiCA license streamlines operations across 30 markets under a single approval, positioning Paysafe advantageously against competitors in the evolving regulatory landscape for payments firms entering the crypto space.
