Announcement
dtcpay Receives Green Light Letter for EMI License
dtcpay receives green light from Luxembourg regulator for EMI license, paving way for Global Fintech Leadership.
28 Jul 2025 • 3 mins Read
dtcpay Receives Green Light Letter for EMI License Application, Bolstering Global Fintech Leadership Across Europe.
Press Release
Band Zhao, Group Chairman of dtcpay and CEO of dtcpay Luxembourg, with Gilles Roth, Minister of Finance of Luxembourg
Luxembourg, 28 July 2025 – dtcpay, a global leader in stablecoin payment solutions, is delighted to announce that it has received the Green Light Letter for its Electronic Money Institution (EMI) license application from the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg. This milestone solidifies dtcpay’s commitment to bridging traditional finance and the digital economy, with Luxembourg serving as its continental European headquarters and its strategic gateway to Europe.
The EMI license will authorise dtcpay to deliver a comprehensive suite of regulated payment services across the European Economic Area (EEA), including issuing electronic money, facilitating payment transactions, and enabling cross-border transfers. Building on its established licenses and operational track record in Singapore, along with a growing list of licenses and registrations across multiple jurisdictions, dtcpay is now poised to expand its innovative and compliant financial technological solutions to the European market.
This achievement underscores our dedication to driving innovation while adhering to the highest regulatory standards, we aim to become the global real-time settlement infrastructure for both Web2 and Web3, driven by our rapid market expansion. By establishing our European hub, we’re leveraging a forward-thinking financial ecosystem to deliver seamless and secure payment solutions, including stablecoin integration, that connect Web2 and Web3.
Alice Liu
Alice Liu, Group CEO of dtcpay
In 2025, as Singapore and Luxembourg celebrate 50 years of diplomatic relations, dtcpay is proud to deepen this partnership by being the first Singaporean Major Payment Institution (MPI) to establish in Luxembourg and forge a seamless bridge between these two vibrant financial hubs. The selection of Luxembourg reflects the country’s status as a top-tier jurisdiction with the highest standards, as well as a shared, forward-looking regulatory approach between these two nations, providing a strong foundation for dtcpay’s expansion into the European market.
We’re very excited about the possibility to bring our state-of-the-art products and services to approximately 450 million people spanning 30 countries in the EEA, empowering businesses and consumers with secure, compliant, and efficient digital payment infrastructure, in full compliance with European Union (EU) regulations. With a focus on stablecoin solutions and digital payment tokens, dtcpay group’s vision is to drive innovation at the intersection of traditional and digital finance, positioning the company as a pioneer in the global fintech landscape.
Band Zhao
Group Chairman of dtcpay and CEO of dtcpay Luxembourg
I’m honoured and excited to lead dtcpay’s efforts in this dynamic market. This EMI license marks a pivotal step in our mission to transform global payments, and we’ll continue to explore further opportunities, including pursuing a CASP license under the EU’s MiCA framework, to strengthen our role in Europe’s evolving digital economy.
Amanda Yeung
Luxembourg Country Manager and European Regional Manager of dtcpay
This milestone affirms dtcpay’s rigorous research and strategic planning, dedicated collaboration with regulators, and deep commitment to regulatory excellence. As we grow our presence in the region, we look forward to driving financial inclusion and innovation, leveraging the EU’s robust regulatory environment to deliver unparalleled value to our customers. Let’s bring tomorrow’s payments to Europe, today.
Forward-Looking Statements
dtcpay’s receipt of a Green Light Letter from the CSSF does not equate to a full EMI license and is subject to final approval. This announcement may contain forward-looking statements, which are subject to regulatory developments. We caution you not to place undue reliance on any forward-looking statements, which are made only as of the date of this press release.
About dtcpay
dtcpay is a regulated Major Payment Institution (MPI) licensed by the Monetary Authority of Singapore (MAS) to conduct Digital Payment Token (DPT) services and other payment services under the Payment Services Act (PSA). As a leading provider of digital payment solutions, dtcpay integrates DPT acceptance into traditional financial systems, empowering individuals and businesses to embrace the future of payments.
Learn more at dtcpay.com
28 Jul 2025
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