Circle: Doubles Down on European Expansion, Applies for Regulatory Approvals in France

Circle: Doubles Down on European Expansion, Applies for Regulatory Approvals in France

  • Circle has filed applications to become a licensed Electronic Money Institution and a registered Digital Asset Service Provider
  • The move signifies its commitment to expanding its operations in Europe, with France becoming a key hub for regional activity.
  • Registration with the AMF will enable to offer of a suite of products and services to customers in France
  • The permissions granted as a Prestataire de service sur actifs numériques institution
  • It aims to become one of the first companies to achieve full authorization under the reinforced PSAN licensing regime.
  • The French government’s policy measures aimed at fostering the growth of an innovative crypto-asset sector
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

eToro Strengthens Crypto Portfolio with Zengo Acquisition

Deal expands eToro's offerings in the cryptocurrency sector.Highlights: eToro is acquiring crypto wallet Zengo to expand its services.The...

Revolut Launches Platform to Streamline Overseas Talent Hiring

Revolut's new service aims to simplify global recruitment for businesses.Highlights: Revolut launches a platform for hiring overseas talent.The...

Revolut Strengthens Business Recruitment Platform in New Markets

The fintech giant expands its offerings targeting recruitment needs globally.Highlights: Revolut enhances its platform for business recruitment.The expansion...

UniCredit Selects Slate to Strengthen Retail Investment Services

The partnership aims to enhance digital investment options for customers.Highlights: UniCredit partners with Slate for enhanced retail investment...