ClearBank has obtained MiCA approval to launch stablecoin services and plans to offer savings account services through Coinbase
According to Crowdfund Insider, the Dutch bank ClearBank has announced that it has obtained approval for the EU's Markets in Crypto-Assets Regulation (MiCA) and has received a Crypto Asset Service Provider (CASP) license from the Netherlands Authority for the Financial Markets (AFM). It will launch digital asset services, including stablecoins. The bank also stated that it plans to support euro and dollar-based stablecoins (EURC and USDC) in the future to enhance the efficiency of cross-border transfers and payments.
In addition, ClearBank announced that it will provide savings account services through Coinbase and will be included in the coverage of the UK's Financial Services Compensation Scheme (FSCS).
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