ClearBank has received approval from MiCA to launch stablecoin services and plans to offer savings account services through Coinbase.

CoinFeed reported on April 11 that, according to Crowdfundinsider, ABN AMRO ClearBank announced it has received approval under the EU's Crypto Asset Markets Regulation (MiCA) and obtained a Crypto Asset Service Provider (CASP) license from the Dutch Financial Markets Authority (AFM). The bank will launch digital asset services, including stablecoins. ClearBank stated it also plans to support euro- and dollar-based stablecoins (EURC and USDC) to improve the efficiency of cross-border transfers and payments. Furthermore, ClearBank announced it will offer savings account services through Coinbase and will be covered by the UK Financial Services Compensation Scheme (FSCS).