ZBD, a gaming bitcoin (BTC) rewards startup, will be the first to obtain a license from the European Union under the Markets in Crypto Assets Regulation (MiCA). This recognition comes directly from the Dutch Authority for Financial Markets (AFM), positioning ZBD as a leader in regulatory compliance on the European continent.
The introduction of MiCA, which is expected to come into force in its entirety on December 30, imposes rigorous supervision on those companies that operate with digital assets within the European Union. This is a regulatory framework that will force all companies that are dedicated to cryptocurrencies to obtain a specific license to continue its operations within the territory.
By obtaining the MiCA license, ZBD is now positioned to offer a full suite of digital financial services throughout the European Union. From the storage of digital assets, to the exchange of bitcoin for fiat currencies, as reported by the company through a statement.
«The best part? We don’t have to deal with complicated regulations in each country: we can operate seamlessly in all EU member states and bring our payment solutions to more companies and users,” the company added in its statement.
«For us, MiCA approval is not just a check mark on a list, it is a key step in becoming a trusted and reference provider in the world of digital payments. “While we already had extensive license coverage in the US, until now we did not have that level of coverage and therefore capacity in the EU.”
ZBD in its statement.
In addition to its cryptocurrency wallet and in-game bitcoin payment rewards platform, ZBD provides development tools for game creators implement the feature play to earn child BTC via Lightning Network. Taking into account that there are millions of gamers in the world, the company says it has enormous growth potential.
As NoticiasVE has reported, the entry into force of MiCA this December 30 represents a second stage in the implementation of the new regulation. This, after a first phase that began six months ago, where a series of rules for stablecoins came into force that practically left USDT outside European territory.