USDC issuer, Circle has secured the conditional DASP license in France.
The company is tightening its global foothold in hopes of a possible IPO.
Circle, a leading global financial technology company, has successfully secured registration as a Digital Asset Service Provider (DASP) in France as part of a deliberate drive to extend its footprint in the European Union (EU).
Circle’s Regulatory-First Strategy
Circle, renowned for issuing stablecoins like USDC and EURC, has long embraced a regulatory-first approach. This commitment is evident in the company’s efforts to obtain a conditional DASP registration in France, demonstrating its dedication to operating within the legal frameworks set forth by European authorities.
Circle’s co-founder and CEO, Jeremy Allaire, emphasized the importance of regulatory compliance, marking the French DASP registration as a crucial milestone in the company’s journey.
To spearhead its licensed operations in France, Circle has strategically appo
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