"Clearbank Europe N.V. is authorized by the European Central Bank and supervised by De Nederlandsche Bank. Its parent, Clearbank Limited, is a UK-based cloud-native clearing bank founded in 2017 and regulated by the Financial Conduct Authority and the Prudential Regulation Authority."
"The CASP status allows Clearbank Europe to offer custody, exchange, and placement services for crypto-assets within a fully regulated banking environment, enhancing its service offerings in the digital asset space."
"The first services going live include access to Circle's Mint platform and support for two dollar-pegged stablecoins: EURC and USDC, enabling clients to convert between fiat currencies and these stablecoins."
Clearbank Europe has achieved a significant milestone by becoming the first Dutch credit institution to complete the MiCA notification process. The Dutch Authority for the Financial Markets confirmed this approval, allowing Clearbank Europe to operate as a Crypto-Asset Service Provider. This status enables the institution to offer services such as custody, exchange, and placement of crypto-assets. The initial offerings include access to Circle's Mint platform and support for EURC and USDC stablecoins, facilitating conversions between fiat currencies and stablecoins.
Read at news.bitcoin.com
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