Qivalis Secures License to Launch Euro Stablecoin Backed by 37 Banks

In Crypto Regulations
October 15, 2026

Qivalis Secures License to Launch Euro Stablecoin Backed by 37 Banks

European company Qivalis has received authorization from the Dutch central bank to operate as an electronic money institution (EMI). This license paves the way for the issuance of a regulated stablecoin pegged to the euro.

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Steven M. Crimmins is a cryptocurrency strategist and freelance writer who has followed the blockchain industry since Bitcoin’s early days. Known for his sharp analysis of altcoins and trading strategies, Steven provides Satoshi News Africa readers with market-focused content grounded in research. He is especially interested in how African traders are adopting crypto as an alternative to traditional markets. Steven is also a podcast host, where he discusses emerging technologies and investment trends.