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