Circle, the fintech and issuer of stablecoin USDC, received an electronic money license (EMI) from France, making it the first global stablecoin issuer compliant with the EU’s Markets in Crypto-Assets (MiCA) regulations. The approval allows Circle to issue its EU USDC and Euro Coin tokens throughout the EU, ensuring adherence to stringent regulatory standards. MiCA, the world’s first comprehensive crypto law, enforces rigorous rules on stablecoin operations and investor protections.
Crypto Firm Circle Gets Approval to Issue Stablecoin in EU Under Bloc’s Strict Rules
