OpenPayd, a financial infrastructure provider used by companies including crypto exchange Kraken, receives authorisation under the EU’s Markets in Crypto-Assets Regulation (MiCA). The licence is granted by Malta’s financial regulator and allows OpenPayd to operate as a crypto-asset service provider across the European Economic Area using passporting. The approval supports OpenPayd’s ability to offer regulated crypto services across multiple European markets. Reported services include fiat on-ramp and off-ramp infrastructure for stablecoins, which are increasingly adopted in Europe. The authorisation comes close to the MiCA transition deadline for the EU framework, positioning the company to expand its compliance-ready offerings as the regulatory regime takes full effect. Across the coverage, the main points focus on the company’s new regulatory status under MiCA, the role of the Malta regulator in granting the authorisation, and the expected expansion of stablecoin-related payment and access services through broader European market access.