Fiat Republic Netherlands B.V., the leading fiat-to-crypto payment infrastructure provider, today announces that ENEUR and ENGBP, its E-Money Tokens (EMTs) for EUR and GBP, are now live for use by Members. A US Dollar version (ENUSD) is in development. With this launch, Members can access compliant, instant liquidity across EUR, GBP, and USD, enabling 24/7 operations under the EU’s Markets in Crypto-Assets Regulation (MiCAR).

Fiat Republic has received approval from the Autoriteit Financiële Markten (AFM), the Dutch financial markets authority, to provide custody, administration, and transfer services for EMTs under MiCAR. This follows prior authorisation from the Dutch Central Bank (DNB) for the issuance and redemption of EMTs under its Electronic Money Institution (EMI) licence. This dual approval positions Fiat Republic as one of the first players in Europe to offer regulated custody and administration of E-Money Tokens, giving crypto platforms a turnkey solution for meeting MiCAR safeguarding requirements.

MiCAR introduces strict safeguarding rules across the EU, requiring crypto businesses to hold a CASP licence and maintain secure custody of end-user funds. ENEUR and ENGBP provide a compliant safeguarding solution via dedicated on-chain custodial wallets that are integrated into EagleNet’s instant settlement network. This allows Members to meet regulatory obligations while maintaining uninterrupted liquidity.

Built for operational efficiency and compliance, EagleNet EMTs leverage Fiat Republic’s EMI licence to offer corporate liquidity wallets, real-time transaction monitoring, cross-currency management, and instant settlement between Members at any time. Tokens are pegged 1:1 to their respective currencies and integrate seamlessly with the EagleNet infrastructure for frictionless, compliant transactions.

Adam Bialy, CEO and Founder of Fiat Republic, said: “With MiCAR now in force, we’re enabling our Members to safeguard user funds and keep operations moving 24/7. ENEUR and ENGBP combine compliance, liquidity, and efficiency in one tool, and this is just the start of what EagleNet can deliver.”

Act now to ensure your MiCAR safeguarding compliance. Contact Fiat Republic to access the EagleNet EMT network today.