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Crypto
BitGo expands MiCA-compliant crypto services in Europe
BitGo Europe is expanding its Crypto-as-a-Service offering across the European Economic Area, Cointelegraph reported on March 3. The expansion makes BitGo’s API-based infrastructure available in 30 EEA countries, allowing financial institutions to embed wallets, onboarding and payment services into their platforms. The service includes multi-asset wallets and SEPA fiat rails. BitGo offers insurance of up to $250 million for custody wallets and provides policy controls and 24/7 operational support.
AI & Enterprise
Quantoz wins Visa approval to issue stablecoin-linked cards in Europe
Dutch payments company Quantoz Payments has been approved as a principal Visa member, enabling it to issue stablecoin-linked virtual cards in Europe, Cointelegraph reported on Tuesday. Quantoz plans to launch Visa virtual cards based on USDQ, EURQ and EURD tokens so users can pay directly with stablecoins online, offline and via mobile wallets. It also supports fintechs issuing their own cards. Visa and Quantoz did not disclose timelines or participating firms.
Crypto
OKX launches stablecoin payment card in Europe
Crypto exchange OKX is launching a stablecoin payment card in Europe, Cointelegraph reported on Jan. 28 local time. The card will be issued through OKX electronic money institution partner Monavate and can be used directly on the Mastercard network. At launch, it will support payments in USDC and USDG, or Global Dollar. OKX is registered as a crypto-asset service provider regulated under the EU’s MiCA framework.