Wire · operational-macro
Bank-Backed Euro Stablecoin Issuer Qivalis Wins Dutch E-Money License
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Fusion42 · 15 October 2026 · Fusion42 review
Qivalis, a stablecoin issuer backed by 37 European banks, has obtained an electronic money institution license from the Dutch central bank, enabling it to issue euro-denominated e-money tokens under EU crypto regulations, with issuance planned soon pending MiCA compliance and a white paper release.
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
The EU market for euro stablecoins just opened to bank-backed issuers under new rules. You can position your fintech to partner with or compete against regulated token issuers as on-chain money moves from experiment to compliance.
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7 sources · first reported 14 Oct 2026 · latest 15 Oct 2026
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