Plasma Targets Full EU Authorization for Stablecoin Network Expansion
Plasma has taken significant steps toward establishing a regulated stablecoin infrastructure in Europe. The blockchain platform secured a VASP-licensed entity in Italy and opened an Amsterdam office, positioning itself for deeper integration with European financial systems.
The company is actively pursuing Crypto-Asset Service Provider (CASP) and Electronic Money Institution (EMI) licenses under the EU’s MiCA framework. Compliance remains a cornerstone of Plasma’s strategy, evidenced by recent hires including a Chief Compliance Officer and Money Laundering Reporting Officer.
Plasma One, the company’s stablecoin neobank, already offers digital dollar services with savings features, card spending capabilities, and cross-border transfer functionality. The Amsterdam base will facilitate fiat on/off ramps and strengthen its financial infrastructure offerings.
