We’re proud to announce that Bridge has secured both a Crypto-Asset Service Provider authorisation under the Markets in Crypto-Assets Regulation (MiCA) and an Electronic Money Institution license in Luxembourg. This dual-licensing covers all 27 EU member states under one of the world's most comprehensive digital asset frameworks, with high standards for capital reserves, custody, and operational safety.
This milestone compounds the investment we’re making in Europe. Bridge already enables businesses and developers worldwide to easily convert funds between stablecoins and EUR. These licenses allow Bridge to expand the stablecoin services it offers to European businesses and end users using a trusted and compliant regulatory framework.
What this unlocks for businesses building on Bridge
These new licenses open up new capabilities for businesses building on Bridge across Europe, including virtual IBANs in customer names and custom EUR-backed stablecoins purpose-built for your product.
- Fintechs can give their customers named IBANs and euro accounts that work across all 27 member states—letting them build cross-border money movement into their products without separate banking relationships in each country.
- Businesses can launch their own EUR-backed stablecoins to power on/off ramps, rewards, loyalty programs, or in-app currencies—without building the underlying compliance and reserve infrastructure themselves.
- Enterprises can move money between subsidiaries using custom stablecoins, avoiding slow correspondent banking rails.
- Banks can settle between institutions faster and at lower cost by using stablecoin rails rather than traditional interbank messaging systems.
"A business in the EU can now issue its own euro stablecoin and pair it with named IBANs and named EUR payouts across all 27 member states, on a single integration," said Mai Leduc Blount, Head of Product at Bridge. "Bridge works closely with regulators around the world so that every global business can benefit from stablecoins.”
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The content in this article is for general information and education purposes only and should not be construed as legal or tax advice. Bridge does not warrant or guarantee the accuracy, completeness, adequacy, or currency of the information in the article. You should seek the advice of a competent attorney or accountant licensed to practice in your jurisdiction for advice on your particular situation.
