【What is the market trading?】 The market is currently pricing in the compliance entry windfall for crypto payment institutions under the EU MiCA regulatory framework. Mainstream crypto payment provider BitPay has just obtained the MiCA-compliant crypto asset service provider license issued by the Netherlands Authority for the Financial Markets (AFM), marking a milestone development toward the compliance of Europe’s crypto payments sector. 【What’s truly worth paying attention to】 This is by no means a one-off case of a single license. BitPay has since clearly stated that it will expand its Europe stablecoin payment business, which means the compliant entry point for European crypto payments has been officially opened. The expectation that other payment institutions will apply for MiCA licenses is likely to heat up quickly. 【Observe in the next 48 hours】 Focus on tracking the MiCA license application developments of other major European payment service providers, as well as changes in capital flows involving BTC and ETH through compliant trading channels in Europe.#BTC #ETH #MiCA