Circle, a global financial technology firm and the issuer of USDC and EURC, has obtained digital asset regulatory licensure in France and appointed Coralie Billmann as the Head of French Operations as per latest #cryptonews .
The company has received a conditional registration as a Digital Asset Service Provider (DASP) with the French Financial Markets Authority.
The appointment of Coralie Billmann is subject to regulatory approval. Circle aims to bring its European operations under comprehensive EU oversight and to bring its products and services into compliance with the forthcoming Markets in #Crypto Assets (MiCA) regulation.
The selection of France as its European regulatory base builds on the country's clear rules for while leveraging France's dynamic entrepreneurial, technological, banking, and financial services ecosystem.