Bitvavo, the biggest EUR spot cryptocurrency exchange in Europe has obtained its MiCA license from the Dutch Authority for Financial Markets (AFM). This bitvavo regulatory approval, given on June 27, 2025, permits Bitvavo to serve all 30 countries in the EEA. They can do so with a single legal structure.
By 2024, MiCA will have fully taken effect. This is to introduce uniformity, transparency, and protection for investors in the European crypto space. Also, with this in play, Bitvavo has the go ahead to offer its services across borders. The license allows them to do this without obtaining separate country approvals, aiming to be the leading digital asset platform in Europe. Bitvavo detailed the announcement in its official blog post.
Strengthens Competitive Advantage
Securing the MiCA license has put Bitvavo in a unique class. It joins the ranks of the elite, which includes Coinbase, Kraken, and Bybit. These platforms also received MiCA approval in Luxembourg, Ireland, and Austria respectively. Of all the players, Bitvavo is a standout with its MiCA license in the EUR crypto market. They dominate by almost 50% of total volume.
By 2024, the company reports a trading volume of €100 billion. This will be from over 2 million European users that will have access to 350+ digital assets. There is growth in France, Spain, Austria, and Italy. Bitvavo is putting more into these markets as it expands its license.
According to a report by Kaiko, Bitvavo is on track to do over €300 million in revenue this year. They are seeing this via growing institutional interest and the popularity of Bitcoin ETFs. Also, the company’s strong financial performance is in part due to the fact that they are fully regulated. This regulatory success is thanks to their bitvavo MiCA license, which has built trust.
Bitvavo’s MiCA Approach Is Very Robust
Build out trust with our registration, which since 2020 has had the Dutch Central Bank (DNB) on board. They also had authorizations in five EU countries before this approval, gaining momentum towards a bitvavo MiCA license.
Chief Risk Officer Jeetan Patel reported that the AFM, which is the regulator, has very productive working relationships with us. The Netherlands has become a MiCA licensing hub, including other platforms like MoonPay and BitStaete. These platforms have also received similar bitvavo MiCA approvals.
With the launch of the MiCA license, Bitvavo has secured the regulatory credibility to bring in institutional clients. They aim to grow their product range and set the standard for responsible crypto operation in Europe.
