ClearBank Europe gains MiCAR crypto-asset status in the Netherlands

ClearBank Europe has become the first Dutch credit institution to complete the MiCAR notification process and receive Crypto Asset Service Provider status. The move allows the bank to offer regulated digital asset services across the European Union, beginning with access to EURC and USDC through Circle's Mint platform.

ClearBank Europe completed a notification under EU crypto-asset rules on 9 April 2026, receiving confirmation from the Dutch Authority for the Financial Markets that it may now operate as a Crypto Asset Service Provider. No Dutch credit institution had completed that process before. The approval gives the bank a regulated route to offer digital asset services across the European Union.

The new status will support the rollout of services through Circle’s Mint platform, giving clients access to two regulated stablecoins: EURC, referenced to the euro, and USDC, referenced to the US dollar. Under the Markets in Crypto-Assets Regulation, EU credit institutions can use a notification route that is separate from the standard CASP licensing process. ClearBank is the first Dutch bank to use it, enabling clients to move between traditional fiat currencies and digital assets within a regulated banking environment, with the bank acting as the institutional counterparty throughout.

ClearBank Europe is authorised by the European Central Bank and supervised by De Nederlandsche Bank. Its European entity has been building a digital assets strategy since it received its credit institution licence in the Netherlands. The MiCAR notification is the first public output of that strategy at scale and marks the bank’s entry into regulated digital clearing, with management positioning it as the beginning of a broader expansion phase.

The development fits into a wider digital asset buildout across ClearBank Group. In January 2026, ClearBank selected Taurus-PROTECT as its wallet infrastructure provider. In the UK, an expanded partnership with Coinbase supports a savings account product where eligible customer deposits carry Financial Services Compensation Scheme protection. ClearBank Group holds £18 billion in customer deposits and provides clearing and embedded banking services to clients including Revolut, Coinbase, and Wealthify.

The notification route used by ClearBank is available to all EU credit institutions, but few have taken it. By completing the process first in the Netherlands, ClearBank provides a reference point for other European banks exploring regulated crypto-asset services without setting up a separate licensed vehicle. The move is likely to intensify internal assessments across peer institutions as banks evaluate how to enter digital assets under the EU’s new regulatory framework.

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