FreeBnk Brings IBAN to the Blockchain with E Money Network
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FreeBnk and E Money Network partner for IBAN. The move furthers FreeBnk’s compliance with MiCA. MiCA rolls out stronger consumer protection. Regulatory risks have long been the most difficult to manage in crypto, with companies facing steep fines and sanctions if they don’t comply. Luckily, the European Union has recently provided much-needed clarity with its comprehensive regulatory framework. To ensure its services comply with the EU’s Markets in Crypto-Assets Regulation (MiCA), FreeBnk recently partnered with E Money Network. The cooperation will enable FreeBnk’s users to access unique International Bank Account Numbers (IBAN), bringing this important standard to the blockchain
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