Paybis Secures MiCA and Payment Licenses in Latvia in Stablecoin Play

Cryptocurrency platform Paybis has received two licences from Latvia’s central bank, including one for crypto-asset services under the European Union’s Markets in Crypto-Assets Regulation (MiCA) and another for payment institution operations under Payment Services Directive 2 (PSD2).

The licences were issued by the Supervision Committee of Latvijas Banka on May 12 to SIA Paybis Europe, the…