What Does BVNK’s MiCA Licence Mean for EU Expansion?

Payments infrastructure firm BVNK has obtained a Crypto-Asset Service Provider (CASP) licence from the Malta Financial Services Authority (MFSA), granting it authorisation to offer regulated digital asset services across the European Economic Area. 

The licence positions BVNK as one of the few firms able to combine MiCA-compliant crypto services, euro payments and direct SEPA access under one roof.

The licence was granted under the EU's Markets in Crypto-Assets (MiCA) regulation, the harmonised European framework for digital assets that came into full effect in 2024. 

BVNK was already authorised as an e-money institution in Malta, making the CASP licence an extension of its existing regulatory footprint in the country.

A single platform for crypto and euro payments

The practical significance of this lies in what BVNK can now offer with this latest licence. 

Tina Meschino, General Counsel at BVNK, says: "With this licence, BVNK is now unique in offering three critical capabilities in Europe: MiCA crypto services, Euro payments and direct access to SEPA, all in a single platform."

The combination of these capabilities allows enterprise customers to move between euro payments and stablecoin settlement without switching providers. 

BVNK accesses SEPA through the Bank of Lithuania's CENTROlink system, which the company says delivers smoother on- and off-ramps, faster settlement and improved reconciliation compared to arrangements that rely on third-party intermediaries.

For corporate treasury and payments teams, that means fewer handoffs and more predictable settlement timelines.

Building on a record year

The licence announcement follows a strong 2025 for BVNK, during which the company scaled to US$30bn in annualised processing volume and expanded its customer base globally. Tina described 2026 as shaping up to be “another record-breaking” year for the firm.

For BVNK's enterprise clients, regulated status under MiCA provides counterparties with greater certainty when integrating stablecoin infrastructure into payment workflows, a consideration that has grown in importance as corporate adoption of digital assets has increased across Europe.

The firm has been providing fiat and digital asset services across Europe for several years, and has built compliance frameworks and controls to match its regulated status. 

Operating as both an e-money institution and a licensed CASP from Malta now gives BVNK a dual regulatory foundation from which to serve clients across all 30 EEA member states.