Danish startup Januar gets E.U. Payment Institution License
Join Our Telegram channel to stay up to date on breaking news coverage Januar, a Danish startup established in the year 2021 by ex-Chainalysis employees, has recently achieved a significant milestone by obtaining a Payment Institution License from the Danish Financial Supervisory Authority (DFSA). Januar’s Payment Institution License Paves the Way for Crypto Businesses in Europe The license represents a remarkable achievement for the company as it enables Januar to operate in 30 markets within the European Economic Area. Previously, the company had been operating under a limited license, only catering to Danish businesses. Januar can now offer International Bank Account Number (IBAN) business accounts to crypto-related enterprises, providing them with access to compliant fiat banking services such as payment and settlement solutions. These services could be challenging for crypto companies to acquire otherwise, making Januar’s services an attractive proposition f...