MoonPay’s recent acquisition of MiCA approval marks a pivotal moment, allowing it to act under a unified legal framework in the EU. This strategic move not only removes regulatory obstacles but also positions MoonPay ahead of competitors that struggle with compliance issues.
With MiCA approval effective immediately, MoonPay is set to broaden its reach, focusing on expanding fiat-to-crypto and crypto-to-fiat services in Europe. The firm is also exploring growth opportunities like acquiring Helio for 150 million USD, underscoring its commitment to lead in the digital asset sector.