PANews reported on February 17 that, according to Financefeeds, stablecoin infrastructure provider BVNK has obtained a Crypto Asset Service Provider (CASP) license from the Malta Financial Services Authority (MFSA), allowing it to provide digital asset services regulated by the EU’s Crypto Asset Market Regulation Act (MiCA) in Malta and to expand these services throughout the European Economic Area (EEA).

This license enables BVNK to operate under the unified EU regulatory framework for crypto and digital asset service providers. BVNK stated that this approval strengthens its role as a regulated bridge between the traditional euro payment track and stablecoin settlements, primarily targeting companies seeking compliant cross-border settlement solutions.