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

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