OpenPayd obtains EU MiCA license for crypto services

Financial infrastructure provider OpenPayd has secured authorization under the European Union's Markets in Crypto-Assets Regulation (MiCA), allowing it to offer regulated crypto services across the European Economic Area. The company announced the approval on Wednesday, June 24, 2026, just days before a key MiCA transitional deadline on July 1.

The authorization grants OpenPayd status as a crypto-asset service provider (CASP). The company stated this enables it to provide services including fiat-to-stablecoin conversions, custody, wallet infrastructure, and stablecoin transfers across major blockchain networks throughout the EEA. Businesses can access these services through a single application programming interface that connects traditional banking systems with digital asset infrastructure.

OpenPayd CEO Iana Dimitrova said stablecoins are rapidly becoming part of mainstream financial infrastructure and that MiCA represents a major step forward for Europe by giving businesses the assurance to leverage digital asset technology. The authorization was issued by the Malta Financial Services Authority, according to a company spokesperson.

The approval arrives as crypto firms across...