dtcpay Receives Green Light Letter for EMI License

dtcpay EMI License approval by Luxembourg’s CSSF enables the firm to offer regulated payments across the EEA. This CSSF EMI license strengthens dtcpay’s role in linking stablecoin-based services with digital and traditional finance.

The EMI license will authorise dtcpay to deliver a comprehensive suite of regulated payment services across the European Economic Area (EEA), including issuing electronic money, facilitating payment transactions, and enabling cross-border transfers. Building on its established licenses and operational track record in Singapore, along with a growing list of licenses and registrations across multiple jurisdictions, dtcpay is now poised to expand its innovative and compliant financial technological solutions to the European market.

“This achievement underscores our dedication to driving innovation while adhering to the highest regulatory standards, we aim to become the global real-time settlement infrastructure for both Web2 and Web3, driven by our rapid market expansion. By establishing our European hub, we’re leveraging a forward-thinking financial ecosystem to deliver seamless and secure payment solutions, including stablecoin integration, that connect Web2 and Web3.” Alice Liu, Group CEO of dtcpay.

Band Zhao, Group Chairman of dtcpay and CEO of dtcpay Luxembourg, highlighted, “We’re very excited about the possibility to bring our state-of-the-art products and services to approximately 450 million people spanning 30 countries in the EEA, empowering businesses and consumers with secure, compliant, and efficient digital payment infrastructure, in full compliance with European Union (EU) regulations. With a focus on stablecoin solutions and digital payment tokens, dtcpay group’s vision is to drive innovation at the intersection of traditional and digital finance, positioning the company as a pioneer in the global fintech landscape.”

Amanda Yeung, Luxembourg Country Manager and European Regional Manager of dtcpay, said “I’m honoured and excited to lead dtcpay’s efforts in this dynamic market. This EMI license marks a pivotal step in our mission to transform global payments, and we’ll continue to explore further opportunities, including pursuing a CASP license under the EU’s MiCA framework, to strengthen our role in Europe’s evolving digital economy.”

This milestone affirms dtcpay’s rigorous research and strategic planning, dedicated collaboration with regulators, and deep commitment to regulatory excellence. As we grow our presence in the region, we look forward to driving financial inclusion and innovation, leveraging the EU’s robust regulatory environment to deliver unparalleled value to our customers. Let’s bring tomorrow’s payments to Europe, today.