dtcpay moves closer to EMI license, eyes expansion across Europe

By Vriti Gothi

dtcpay has received initial approval from Luxembourg’s financial regulator (CSSF) to move forward with its application for an Electronic Money Institution (EMI) license.

This significant step reinforces dtcpay’s long-term strategy to build a compliant, scalable, and borderless digital payments ecosystem that connects traditional finance with next-generation financial technology across Europe and beyond.

The forthcoming EMI license will enable dtcpay to offer a full suite of regulated digital payment services across the European Economic Area (EEA), including the issuance of electronic money, facilitation of payment transactions, and execution of cross-border fund transfers. Positioned at the intersection of traditional and decentralised finance, dtcpay’s solutions integrate stablecoin infrastructure with real-time settlement capabilities, bringing together Web2 reliability and Web3 innovation in one unified platform.

Building on its strong regulatory foundation in Singapore, where dtcpay is licensed as a Major Payment Institution, the company’s expansion into Luxembourg underscores its ambition to serve as a global infrastructure provider for compliant, high-speed digital settlements. The Luxembourg office will serve as dtcpay’s continental European headquarters and strategic entry point to a 30-country market comprising more than 450 million people.

dtcpay’s entry into Luxembourg is not only a strategic business decision but also a celebration of deepening bilateral ties, as Singapore and Luxembourg mark 50 years of diplomatic relations in 2025. The company is the first Singaporean Major Payment Institution to establish operations in Luxembourg a testament to the shared values of financial innovation, regulatory alignment, and global interoperability between the two nations.

Alice Liu, Group CEO of dtcpay, said, “This achievement underscores our dedication to driving innovation while adhering to the highest regulatory standards. We aim to become the global real-time settlement infrastructure for both Web2 and Web3, driven by our rapid market expansion. By establishing our European hub, we’re leveraging a forward-thinking financial ecosystem to deliver seamless and secure payment solutions, including stablecoin integration, that connect Web2 and Web3.”