Nuvei has recently received a CASP ( Crypto Asset Services Provider) licence under the European Union’s MiCAR (Markets in Crypto Assets Regulation), thereby aligning with the EU’s new regulatory framework for crypto assets.

This new licensing will allow Nuvei to deliver regulated crypto-asset services across the European region and enable passporting of these services throughout EU member states under a unified, secure regulatory environment.

The MiCAR authorisation is anticipated to greatly simplify the expansion for merchants and platforms that wish to integrate cryptocurrency payment functionalities into their operations in multiple European markets.

Offering Regulated Crypto-Asset Services

Nuvei’s newly obtained licence permits the provision of a range of regulated crypto-asset services, including storage and management of cryptocurrencies, transfers, and exchanges between crypto-assets and traditional funds. This will be seamlessly integrated into its comprehensive global payments infrastructure.

This new regulatory framework marks an important step towards blending the payment industry with digital assets, bringing essential clarity to Europe’s cryptocurrency landscape. Operating under MiCAR is expected to enhance security, consistency, and scalability for customers moving value across both crypto and traditional payment channels.

In addition to obtaining the MiCAR licence, Nuvei has also secured a Payment Institution licence that enables them to offer services related to electronic money tokens (EMTs).

The combination of these licences is expected to support a unified, regulated platform for crypto-assets, EMTs, and fiat-based payment flows. This integration will provide customers with enhanced benefits such as simplified access to crypto payments across Europe, compliant exchange options, faster settlement processes, and reduced complexity when scaling operations within EU markets.

The dual licensing positions Nuvei to serve both business clients and retail consumers. Retail users will gain access to user-friendly crypto services, while businesses can leverage solutions tailored for efficient settlements, cryptocurrency acceptance, and transparent blockchain-based fund movements that integrate seamlessly into their payment, payout, and treasury workflows.