Current outcome
The Dutch central bank granted Qivalis an EMI license under MiCA; Qivalis is backed by 37 major European banks, still needs to meet remaining MiCA requirements including whitepaper, plans to issue token in coming months, and will distribute via banks, exchanges, and payment service providers.
Progress timeline
2 material updates- #01
Dutch central bank grants Qivalis e-money license for MiCA-compliant euro token
The Dutch central bank granted Qivalis an electronic money institution license under MiCA, enabling the bank-backed venture to offer MiCA-compliant onchain euro settlement infrastructure.
Source evidence: CoinDesk
- #02
【荷兰央行向 Qivalis 颁发符合 MiCA 标准的欧元代币电子货币牌照】
Disclosed that Qivalis is backed by 37 major European banks, must meet remaining MiCA requirements including publishing a whitepaper before token issuance, plans issuance in coming months, and will distribute via banks, crypto exchanges and payment service providers rather than directly to consumers.
State after update: The Dutch central bank granted Qivalis an EMI license under MiCA; Qivalis is backed by 37 major European banks, still needs to meet remaining MiCA requirements including whitepaper, plans to issue token in coming months, and will distribute via banks, exchanges, and payment service providers.
Source evidence: foresightnews · theblockbeats