Svmuu News: Crossmint, a provider of crypto payment infrastructure, has obtained a license under the Market in Crypto-Assets Regulation (MiCA) from the Spanish National Securities Market Commission (CNMV), becoming a compliant Crypto-Asset Service Provider (CASP). This license allows Crossmint to provide stablecoin infrastructure services across all 27 EU member states. This license covers three core CASP business activities: two-way exchange between fiat and cryptocurrencies, custodial services for crypto assets, and cross-wallet and cross-blockchain transfer services. Crossmint co-founder Rodri Fernández Touza stated that with the MiCA transition period set to end in July, many remittance companies, payment platforms, and fintech banks are now requiring partners to hold MiCA licenses, and non-compliant providers may face the risk of being forced out of the market. (Cointelegraph)