Paybis Gains Dual MiCA CASP and PSD2 PI Licences, Expanding EU Crypto Payments

Context The EU’s Markets in Crypto‑Assets (MiCA) framework, enforced by national regulators such as the Bank of Latvia, creates a unified licence for crypto‑asset service providers across all 27 member states. Parallel to MiCA, the PSD2 directive governs payment institutions that handle electronic money tokens (EMTs), the digital equivalents of fiat currencies. Few platforms hold both licences, giving them a competitive edge in offering regulated stablecoin payouts and embedded crypto payments.

Key Facts - Paybis received MiCA CASP authorisation and a PSD2 PI licence on 13 May 2026, making it one of the handful of EU platforms with dual regulatory status. - The platform serves 7 million individual and business users and processes close to $6 billion in transactions each year. - Paybis supports 90 cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), whose market caps sit at roughly $560 bn and $210 bn respectively, with BTC trading around $28,000 (+2.1% 24‑h) and ETH near $1,800 (+1.8% 24‑h). - The company operates under the Bank of Latvia’s oversight, ensuring capital adequacy, asset custody and segregation of client funds from its own balance sheet. - Paybis’ dual licence enables regulated stablecoin payouts, EMT transactions and embedded digital‑asset payment services for businesses across the European Economic Area.

What It Means For European enterprises, Paybis now offers a single, regulated infrastructure to move capital globally without relying on traditional banking channels. The CASP status raises consumer protection standards, while the PSD2 licence allows the platform to treat stablecoins as electronic money, simplifying compliance for firms that need to pay suppliers or settle invoices in crypto. This regulatory clarity could attract additional volume, potentially pushing Paybis’ transaction flow beyond $6 bn as firms shift from legacy AML‑only registrations to fully authorised providers.

Looking Ahead Watch for the impact on stablecoin adoption in the EU and whether other crypto exchanges pursue dual MiCA‑PSD2 licences to compete for the growing demand for regulated digital‑asset payments.