{
  "id": 14455721,
  "title": "Qivalis receives EMI authorization from Dutch central bank for euro stablecoin",
  "url": "https://urgent.news/2026/10/14/qivalis-receives-emi-authorization-from-dutch-central-bank-for-euro",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-14T12:53:41.000Z",
  "source": {
    "name": "Cointelegraph",
    "slug": "cointelegraph",
    "url": "https://cointelegraph.com/news/qivalis-authorization-dutch-central-bank-euro-stablecoin"
  },
  "original_language": "en",
  "account": "The Dutch central bank, De Nederlandsche Bank (DNB), has granted Electronic Money Institution (EMI) authorization to Qivalis, an Amsterdam-based banking consortium, paving the way for the launch of a euro-denominated stablecoin. The approval follows a key regulatory hurdle and paves the way for the company's planned issuance of the stablecoin in the coming months. Qivalis CEO Jan-Oliver Sell expressed optimism about the potential of a euro-denominated on-chain settlement asset under European law and regulation. The move could significantly impact the stablecoin market, currently dominated by US dollar-based stablecoins such as Tether's USDT. Qivalis has also expanded its network of backing banks, now comprising 37 institutions across 15 countries.",
  "summary": "Qivalis said the EMI authorization enables it to launch a euro-denominated stablecoin, with issuance planned for the coming months, subject to additional MiCA requirements.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}