Circle Secures French DASP Registration to Strengthen EU Foothold

Circle Secures French DASP Registration to Strengthen EU Foothold

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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