Qivalis Obtains Dutch EMI License but MiCA Rules Delay Its Launch

WHY IT MATTERS

In the European Union, companies that want to handle digital money or crypto-related payments need to follow specific rules. Think of it like getting a driver's license but then finding out you also need a special permit to drive on certain roads. Qivalis got the equivalent of a driver's license (an EMI license), but a newer set of EU rules called MiCA — which specifically governs crypto-assets — is adding extra requirements before the company can actually start operating. MiCA is the EU's attempt to create a single rulebook for crypto across all member countries, and this case shows how navigating overlapping regulations can be challenging for companies in the space.