Qivalis wins Dutch e-money license for euro stablecoin

Qivalis said the Electronic Money Institution authorization enables it to launch a euro-denominated stablecoin, with issuance planned for the coming months, subject to additional MiCA requirements.

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What happened

Qivalis said the Electronic Money Institution authorization enables it to launch a euro-denominated stablecoin, with issuance planned for the coming months, subject to additional MiCA requirements.

Reported details

• BTCUSD - Qivalis receives EMI authorization from Dutch central bank for euro stablecoin    mx.advfn.com
• Backed by BBVA, BNP Paribas, and ING, Qivalis secured Dutch regulatory authorization to offer onchain euro settlement infrastructure.
• The 37-bank venture plans to distribute its token through financial intermediaries, with issuance expected in the coming months.

Why this matters

Qivalis sits on the regulatory side rather than the structural side: the useful question is which dated rule, if any, follows this notice, and who wrote it. A rule that is not published yet changes nothing about who may act today, so treat the pending text as pending rather than as settled.

Evidence boundary

The scope is limited to what the linked reports state, and where two of them diverge both positions are recorded without either being picked in advance.

What to verify

Before acting on Qivalis, read the dated rule text itself rather than a summary of it, and note which agency wrote it and whether the comment period is still open.

Sources and editorial check time

• Cointelegraph: https://cointelegraph.com/news/qivalis-authorization-dutch-central-bank-euro-stablecoin

• CoinDesk RSS: https://www.coindesk.com/policy/2026/10/14/dutch-regulator-approves-qivalis-as-electronic-money-institution-under-mica-rules

• The Defiant Live: https://thedefiant.io/converge/regulation/qivalis-secures-dutch-e-money-license-for-planned-euro-stablecoin

• Editorial source check time: 2026-10-14T15:26:00.895Z

This information is educational and is not financial, legal, or tax advice.

Sources

• https://cointelegraph.com/news/qivalis-authorization-dutch-central-bank-euro-stablecoin
• https://www.coindesk.com/policy/2026/10/14/dutch-regulator-approves-qivalis-as-electronic-money-institution-under-mica-rules
• https://thedefiant.io/converge/regulation/qivalis-secures-dutch-e-money-license-for-planned-euro-stablecoin