Paybis secures MiCA, payment licenses in Latvia for EU crypto expansion
Burns Brief
Paybis has secured both a MiCA crypto licence and a PSD2 payment institution licence from Latvia’s central bank, becoming the first company in the country to hold both simultaneously Market participants are carefully weighing the implications, with the outcome likely to depend on broader macro conditions and volume. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
Paybis has secured both a MiCA crypto licence and a PSD2 payment institution licence from Latvia’s central bank, becoming the first company in the country to hold both simultaneously.
Key Takeaways
- Paybis has secured both a MiCA crypto licence and a PSD2 payment institution licence from Latvia’s central bank, becoming the first company in the country to hold both simultaneously