Circle's USDC and Euro Coin (EURC) stablecoins become MiCA-compliant after receiving an e-money license from France.

Crypto firm Circle has become the first global stablecoin issuer to achieve compliance with the EU's Markets in Crypto-Assets (MiCA) regulatory framework, after receiving an e-money license from France. Circle's USDC and Euro Coin (EURC) stablecoins can now be issued in the EU in compliance with MiCA's obligations. The MiCA framework is a comprehensive set of rules governing crypto assets and their use, and compliance with this framework has become a priority for stablecoin issuers.

July 01, 2024
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