Dutch bank, the Netherlands Bank, ClearBank has obtained MiCA approval to launch stablecoin services and will provide savings accounts through a certain CEX.

Gate News message, on April 9, the Dutch bank ClearBank announced that it has received approval from the European Union’s Markets in Crypto-Assets Regulation (MiCA, the EU’s unified crypto-asset regulatory framework), and obtained a crypto-asset service provider (CASP) license issued by the Dutch Authority for Financial Markets (AFM). The bank will roll out digital asset services, including stablecoins. It later plans to support stablecoins based on the euro and the U.S. dollar (EURC and USDC) to improve the efficiency of cross-border transfers and payments. In addition, ClearBank said it will offer savings account services through a certain CEX and will be included within the scope of protection under the UK Financial Services Compensation Scheme (FSCS, the UK deposit insurance scheme).

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