Crypto firm Circle gets approval to issue stablecoin in EU under strict bloc rules

Launched in 2018 by crypto company Circle, USDC is now the world’s second-largest stablecoin, with over $30 billion worth of tokens in circulation. Nurphoto | Getty Images Cryptocurrency firm Circle reported Monday that it has now registered as an electronic money institution (EMI) in France, a key license for the company to become a compliant … Read more

Crypto firm Circle gets approval to issue stablecoin in EU under strict bloc rules

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Launched in 2018 by crypto company Circle, USDC is now the world’s second-largest stablecoin, with over $30 billion worth of tokens in circulation. Nurphoto | Getty Images Cryptocurrency firm Circle reported Monday that it has now registered as an electronic money institution (EMI) in France, a key license for the company to become a compliant … Read more

The EU’s restrictive Stablecoin rules will soon come into effect and publishers are running out of time

Tether, Circle and other major stablecoin issuers will soon be on the phone in the European Union. With the new rules coming into effect on June 30, they will not only need the proper authorization to operate in the 27-nation trading bloc, but will also have to deal with the strict limits on transaction numbers … Read more