Santander’s Openbank Seeks EU Crypto License for Stablecoin Launch

Santander’s digital bank, Openbank, is taking a significant step toward regulated crypto integration by applying for an EU crypto license under the MiCA framework. This ambition aims to expand its digital asset services, including stablecoin offerings, by the year-end. The move marks a strategic shift in the European digital finance landscape, potentially positioning Openbank alongside other banks like BBVA and Société Générale in a growing regulated market.