Qivalis Gets Dutch E-Money License Ahead of Euro Stablecoin Launch
Qivalis, a venture backed by 37 banks, has secured a Dutch e-money license as it prepares to issue a euro stablecoin in the coming months.
Qivalis has obtained an e-money license in the Netherlands ahead of its planned euro stablecoin launch, according to The Defiant.
The venture brings together 37 banks and intends to make the token available through financial intermediaries.
Issuance is expected in the coming months. The report did not specify an exact launch date.
Source: The Defiant
