Noah, a stablecoin payments infrastructure provider, has secured regulatory approval to offer digital asset payment services across the European Union after obtaining a Markets in Crypto-Assets Regulation (MiCA) crypto-asset service provider (CASP) licence and a second Payment Services Directive (PSD2) payment institution (PI) licence.

The approvals allow Noah to provide regulated digital asset services alongside traditional fiat payments across all 27 EU member states under a unified regulatory framework. The company can custody, exchange and transfer stablecoins for clients, as well as process fiat payments through credit transfers, and is positioned to pursue direct access to the Single Euro Payments Area (SEPA) network.

Noah secured the authorisations within a relatively short timeframe, with the PI licence granted in approximately one month and the CASP licence in around two months.

The dual approvals mean customers can use a single regulated provider rather than coordinate local banking arrangements or obtain and maintain their own licences. Noah describes the development as a step towards establishing stablecoins as regulated payment infrastructure, positioning the company to support businesses seeking to integrate digital assets into their payment operations.

The European approvals extend Noah’s network to more than 150 markets and 60 currencies, enabling clients to move between fiat currencies and stablecoins in both directions while accessing locally compliant payment services. The licences complement the money transmitter licences Noah holds across the US and its Payment Service Provider registration in Canada.

By managing regulatory requirements on behalf of its customers, Noah allows businesses to submit know-your-customer (KYC) and know-your-business (KYB) information once to access its services.

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