Update
Qivalis Receives Dutch EMI License
Qivalis, a company backed by 37 European banks, has received an electronic money institution (EMI) license from the Dutch central bank, De Nederlandsche Bank (DNB). The company plans to issue a euro-denominated electronic money token (EMT) within the next months, subject to MiCA requirements and publication of its white paper. The license is one part of the company's route to market, with the white paper providing product details and risk disclosures to users.