ZBD, a platform powered by the Bitcoin Lightning network, has received approval from the Dutch Authority for the Financial Markets (AFM) for a European Union MiCA license. Upon the license's effective date on December 30, ZBD will be empowered to provide a variety of crypto custody and exchange services across the EU.
The company initially submitted its application in April. As MiCA takes effect, the list of licensed applicants will be available on the AFM's website. The Netherlands is among the EU nations preparing for full MiCA compliance, while several others are still working toward the necessary legislative changes to implement MiCA in their jurisdictions.