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Wire · operational-macro

European banking consortium wins Dutch approval for euro stablecoin plan

14 October 2026 · By · Wire by Fusion42

Published

14 October 2026

Topic

operational-macro

◆ Sectors

Fintech

◆ Geography

Europe

◆ Source

Read at coinness.com →

◆ Verified

Fusion42 · 15 October 2026 · Fusion42 review

Qivalis, a consortium of 37 major European banks including BBVA, BNP Paribas and ING, has secured an electronic money institution license from the Dutch central bank to issue a euro-denominated stablecoin, planning to launch after meeting EU Markets in Crypto-Assets regulations.

This Wire brief sits within Fusion42's coverage of Fintech, and 7 sources have reported it between 14 Oct 2026 and 15 Oct 2026.

◆ ◆ The Wire takeaway

Regulatory approval in the Netherlands unlocks the euro stablecoin market for players building compliant payment solutions. You can now target early adopters needing euro-based digital payments compliant with EU crypto rules.

◆ Coverage

7 sources · first reported 14 Oct 2026 · latest 15 Oct 2026

◆ Topics

Finteche-money-licenseeuro-stablecoineu-regulationbank-consortiumcrypto-assets