Plasma Expands in Europe with VASP License Acquisition

Blockchain firm Plasma has significantly expanded its European presence, acquiring a VASP license in Italy and establishing an office in Amsterdam. This strategic move is part of a larger effort to boost compliance and increase institutional adoption of stablecoins within the EU. The acquisition of GBTC Italia, now known as Plasma Italia SrL, and the new office in Amsterdam will bolster Plasma’s regulatory commitment and position it for greater market dominance in stablecoin payments.