Dutch bank ClearBank receives MiCA approval, plans to launch Euro and Dollar stablecoin services

BlockBeats News, April 9th, According to Crowdfundinsider, Netherlands-based ClearBank has obtained a license from the Dutch Authority for the Financial Markets (AFM) to operate as a Crypto Asset Service Provider (CASP). The bank stated that it will integrate its digital asset business into its broader fintech strategy.

ClearBank noted that it will offer stablecoin services denominated in Euro and US Dollar, including EURC and USDC. The company stated that the introduction of stablecoin services will help achieve faster and more efficient cross-border transfers and payments.