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[BUSINESS] · Netherlands · 8 sources

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Part of situation: Financial sector stablecoin adoption and regulation (2 clusters)

Qivalis secures Dutch EMI license for euro stablecoin

Qivalis euro stablecoin EMI license MiCA regulation De Nederlandsche Bank

Qivalis, an Amsterdam-based consortium of 37 European banks, has secured an Electronic Money Institution (EMI) license from the Dutch central bank, De Nederlandsche Bank (DNB). This authorization allows the group to issue euro-denominated electronic money tokens (EMTs) under the European Union’s Markets in Crypto Assets (MiCA) regulatory framework.

The proposed stablecoin will follow a full reserve model, pegged 1:1 to the euro, to facilitate blockchain-based payments and settlements for institutional participants. The consortium includes major financial institutions such as ING, BBVA, BNP Paribas, UniCredit, and several Spanish banks.

While the license is a major regulatory milestone, Qivalis must still complete further MiCA-mandated steps, including the publication of a white paper, before official issuance begins. The company intends to distribute the tokens through a business-to-business model involving commercial banks, exchanges, and payment service providers, rather than through direct retail sales.

Entities

De Nederlandsche Bank · European Central Bank · European Union · ING · Jan-Oliver Sell · Qivalis · UniCredit

Claims

What the coverage asserts, and how many sources carry each claim.

Sources

유럽 37개 은행 참여 키발리스, 네덜란드 EMI 인가 획득…유로 스테이블코인 출시 준비 [blockchainseoul.kr]
디지털 유로·폰테스·아피아, ECB가 제시한 3대 구상 [www.tokenpost.kr]
Arriva l'ok per la stablecoin di 37 banche europee. Dentro anche BPER, Sella, UniCredit e Intesa. Presto il lancio [www.criptovaluta.it]
Qivalis Secures Authorization For Euro Stablecoin From Dutch Central Bank [blockzeit.com]
Qivalis, la stablecoin en euros de 37 bancos, obtiene su licencia: qué cambia en España [criptoinforme.com]
Stablecoin en euros: Qivalis logra licencia EMI en Países Bajos [www.criptotendencias.com]
37 Avrupa Bankasından Euro Stablecoin Hamlesi: Merkez Bankası Lisansı Alındı! - Koin Bülteni [koinbulteni.com]
Stablecoin Firm Qivalis Moves Closer to Issuing Electronic Money Tokens [www.pymnts.com]