Dutch Central Bank Grants Qivalis License for MiCA-Compliant Euro Token

Key Facts

1Qivalis secured an e-money license from the Dutch central bank to offer on-chain euro settlement infrastructure compliant with MiCA regulations.

2Qivalis is backed by major financial institutions including BNP Paribas, BBVA, and ING.

Qivalis secured an e-money license from the Dutch central bank to offer on-chain euro settlement infrastructure compliant with MiCA regulations. CoinDesk reported that the authorization allows the Amsterdam-based company to issue euro-denominated electronic money tokens for use within the European Union. The firm intends to distribute these tokens through banking networks, cryptocurrency exchanges, and payment providers.

The initiative is backed by major financial institutions including BNP Paribas, BBVA, and ING, signaling strong institutional support for the regulated stablecoin framework. Regarding market performance, BNP Paribas (BNPQF) closed at $97.64 on October 13, 2026, after reaching a session high of $100.88.