USDC

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/circle-receives-approval-to-issue-stablecoins-in-the-eu/" data-wpel-link="internal">Circle Receives Approval to Issue Stablecoins in the EU</a> 
For the first time in its field, a company received this approval, representing a global first for the European Union. Circle announced that they have obtained permission to issue stablecoins within the framework of EU <a href="https://en.coin-turk.com/analysis-of-cryptocurrencies-amidst-critical-developments/" data-wpel-link="internal">crypto</a> laws and are the first issuer in the region globally. This is good <a href="https://newslinker.co" target="_blank" rel="noopener" data-wpel-link="exclude">news</a> for crypto. 
<h2 style="text-align: justify" id="latest-news-in-cryptocurrencies">Latest News in Cryptocurrencies</h2> 
Circle, the company behind USDC, recently announced that its registration as an electronic money institution in France has been approved. What does this mean? The company has obtained a compliant stablecoin issuer license under the EU’s stringent crypto laws. This means EU citizens can conduct USDC transactions smoothly and legally. This development seems to pave the way for USDC in many areas. But is it just for USDC? Certainly not, this success will also benefit the rest of the cryptocurrencies. 
The license granted by France’s <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">banking</a> sector regulator Autorite de Controle Prudentiel et de Resolution (ACPR) makes the issuance of USDC possible in the European region in a MiCA-approved manner. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-366912 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/07/CIRCLE-.png" alt="" width="572" height="256"> 
Circle’s co-founder and CEO Jeremy Allaire said: 
<blockquote> 
 “Since our founding, Circle has strived to build a resilient, compliant, and well-regulated infrastructure for stablecoins. Our commitment to MiCA, representing one of the world’s most comprehensive crypto regulatory regimes, has allowed us to achieve a significant milestone.” 
</blockquote> 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/circle-receives-approval-to-issue-stablecoins-in-the-eu/" data-wpel-link="internal">Circle Receives Approval to Issue Stablecoins in the EU</a></h5>

Circle Receives Approval to Issue Stablecoins in the EU

Table of Contents

COINTURK NEWS

Autres articles publiés le 1 juil. 2024

Cardano’s Charles Hoskinson & Ex-Ripple Offer Fiery Critique On Biden’s Dementia

Crypto: Ethereum ETFs Launch Delayed Again

260 Billion Shiba Inu (SHIB) in 24 Hours From Coinbase: What's Happening?

What to expect from Bitcoin in July

Toshi Price Prediction: TOSHI Surges 15%, But Experts Say This New Base Meme Coin Might Be The Be...

Blast (BLAST) Price Prediction 2024, 2025, 2026-2030

Join our free newsletter for daily crypto updates!