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Ethereum World News 2023-03-21 17:17:12

Circle Eyes French E-Money License, Names Paris As Centerstage For European Expansion

Circle Eyes French E-Money License, Names Paris As Centerstage For European Expansion

Summary: Stablecoin issuer Circle plans to set up shop in Paris and expand into other European markets from the French capital. The crypto payments company also applied for an e-money service provider license as part of its growth strategy in Europe. CEO Jeremy Allaire added that the USDC issuer is working to align its Euro-backed stablecoin with the landmark MiCA bill. Crypto payments company Circle applied for an e-money license from regulators in France as the USDC stablecoin issuer moves

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