Circle obtains regulatory registration in France

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Circle, the issuer of USD Coins, has appointed Coralie Billmann, a veteran of JP Morgan and PayPal, to lead its operations in France after obtaining conditional Digital Asset Service Provider classification from French authorities.

In an attempt to grow its business and promote its EUROC stablecoin throughout Europe, Circle originally revealed plans last year to establish a base in the crypto-friendly nation of France. Even with the DASP registration in hand, the business must still receive authorization to operate in France as a payment services provider or as an agent of a PSP.

It has applied for a license as an Electronic Money Institution in order to obtain this.

Read More: Circle scores French regulatory registration

TalkFintech Bureau
TalkFintech Bureauhttps://talkfintech.com
TalkFintech is focused on the latest financial sector technologies and tools- covering all tech used by banks, investors, insurance, and wealth management sectors- and also conversations on retail financial management tools.

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