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Batvavo became one of the first major cryptological platforms in the Netherlands receive SCA license from the Dutch Office for Financial Markets (AFM).
This regulatory milestone now provides the ability to serve customers throughout the EU block – including Norway, Iceland and Lichtenstein – under a single legal framework
Battle CEO Mark Nvelstijn expressed Strong support for mica and said
“We fully support the basic principles of Micara. For equal conditions in Europe, it is essential that the rules are formulated and enforced consistently across all Member States.”
Since Sica introduces standardized rules across EU Member States, Batvavo can now work more efficiently and securely in multiple jurisdictions without facing obstacles to individual national regulations.
The license not only increases the credibility of the platform, but also increases users’ protection through clearer supervision and consistent compliance requirements.
Meanwhile, the recent European Parliament approval Stricter measures against money laundering emphasize the EU pressure to ensure crypto space.
Now, as Europe is deploying before us with the conduction of the hearing, countries around the world are acknowledged and move to international regulatory standards.
This increase in regulatory clarity not only unlocked smooth cross -border trading, but also set fire to the stronger confidence of users
On the other hand, the United States still operates in a fragmented regulatory environment where different agencies enforce different and sometimes contradictory interpretations of cryptological laws.
While initiatives such as the FIT21 law and the proposed strategy of the national digital activation indicate future cohesion, the US continues to lag behind the unified SID’s supervision.
Meanwhile, Turkey introduces a complex crypto reform. New policies focus on areas such as exchanges, Stablecoin rules and user funds – all in an effort to build a safer ecosystem.
Ambrpto before reported How these movements signal the growing intention of Ankara with a global standard such as mica