Electronic Money Institution news and trends

UK Financial Regulator Grants Mangopay E-Money Banking License
Commercial Payments // November 01, 2023

Luxembourg-based FinTech Mangopay has been granted an electronic money institution (EMI) license by the U.K. Financial Conduct Authority (FCA), the company announced in a Wednesday (Nov. 1) blog post. This license allows the business-to-business (B2B) payment infrastructure provider, which supports over 2,500 platforms and marketplaces worldwide, to...

Quick Reads
Circle Attains EMI License From France, Achieves MiCA Compliance

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 […]

UK Financial Regulator Grants Mangopay E-Money Banking License

November 01, 2023
Luxembourg-based FinTech Mangopay has been granted an electronic money institution (EMI) license by the U.K. Financial Conduct Authority (FCA), the company announced in a Wednesday (Nov. 1) blog post. This license allows...