Bridge chose Luxembourg for the authorisation on the strength of the CSSF’s expertise in digital finance regulation and its reputation for combining rigorous standards with close engagement during the licensing process. Holding both licences from a single regulator lets Bridge issue and manage stablecoins and move regulated e-money from one supervised entity, rather than pairing a crypto licence in one member state with a payments licence in another. In practice, this extends Bridge’s existing stablecoin-to-euro conversion services to include named IBANs and custom euro-backed stablecoins for European businesses.
Bridge, the stablecoin infrastructure company owned by Stripe, has received a Crypto-Asset Service Provider (CASP) licence under the EU’s MiCA regulation and an Electronic Money Institution (EMI) licence, both granted by Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF). The authorisation allows the firm to offer regulated crypto-asset and e-money services across all 27 EU member states under a single passport.
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