Circle has attained an Electronic Money Institution (EMI) license from the French banking authority, thereby achieving compliance with the European Union’s (EU) Markets in Crypto-Assets (MiCA) regulatory framework. With this license from the Autorité de Contrôle Prudentiel et de Résolution (ACPR), Circle’s French entity is now issuing USDC and EURC stablecoins...
Stablecoin issuer Circle says it has officially launched in Brazil. The expansion into South America’s largest country gives Circle the chance to offer its popular USD Coin to new users, the company said Wednesday (May 29). “The move comes at a time of exponential fintech...
As Nathaniel Hawthorne wrote in the1800s, “families are always rising and falling in America.” And the same holds true for the cryptocurrency and Web3 space in 2024. That’s because, whether it is the sector’s market valuation, or education and acceptance around Web3 technologies, or even...
As it prepares to go public, stablecoin issuer Circle is reportedly also planning a move. The company is preparing to transfer its legal base from Ireland to the United States, Bloomberg reported Wednesday (May 15). A company spokesperson confirmed to the news outlet that Circle filed paperwork for the move but declined...
February 16, 2024
Renewed investor enthusiasm for crypto has been good news for U.S. cryptocurrency exchange Coinbase. And while 2023 wasn’t the greatest year for crypto, it was no 2022, and Coinbase’s latest quarterly results, announced Thursday (Feb. 15), highlight that the famously volatile digital asset sector could, once again, be on the upswing. The company’s fourth-quarter revenue beat […]
May 19, 2023
To access central bank accounts in the European Union (EU) today, electronic money token (EMT) issuers, and by extension all electronic money institutions (EMIs), have no choice but to rely...
December 19, 2022
For FinTechs looking to go public, 2023 will not be the year of the SPAC stock listing. If they opt to go public at all, that is. As PYMNTS’ own...
October 05, 2022
In a pair of papers today, financial messaging service SWIFT claimed that it has solved two of the thorniest problems digital assets must overcome if they are to revolutionize the...
July 01, 2024
Circle has attained an Electronic Money Institution (EMI) license from the French banking authority, thereby achieving compliance with the European Union’s (EU) Markets in Crypto-Assets (MiCA) regulatory framework. With this license from the Autorité de Contrôle Prudentiel et de Résolution (ACPR), Circle’s French entity is now issuing USDC and EURC stablecoins in compliance with MiCA’s regulatory obligations for stablecoins or eMoney […]
May 29, 2024
Stablecoin issuer Circle says it has officially launched in Brazil. The expansion into South America’s largest country gives Circle the chance to offer its popular USD Coin to new users,...
May 15, 2024
As it prepares to go public, stablecoin issuer Circle is reportedly also planning a move. The company is preparing to transfer its legal base from Ireland to the United States, Bloomberg reported Wednesday (May 15). A...
April 29, 2024
Circle’s USDC coin has begun to exceed Tether in terms of stablecoin transaction volume. That’s according to Visa’s new stablecoin transaction metric, created with Allium Labs to “remove potential distortions that can arise from inorganic activity and other...
