- Circle secures conditional DASP registration from French Financial Markets Authority (AMF).
- Coralie Billmann appointed as head of French operations, pending regulatory approval.
- Billmann, a payments industry veteran, previously COO at 3S Money and held roles at JP Morgan and PayPal.
- Circle must obtain PSP or PSP agent approval to fully kickstart operations in France.
- Application for Electronic Money Institution (EMI) license submitted by Circle.
- Billmann to play an “instrumental role” in preparing for Markets in Crypto Assets Regulation (MiCA) regime.
- Circle aims to ensure passportability for its products and services in the European market.
- Circle sees conditional DASP registration in France as a significant milestone in establishing its European regulatory platform.
- Circle CEO Jeremy Allaire praises Billmann’s expertise in deepening connections and advancing regulatory efforts.
- Circle chose France for registration due to clear rules on fintech and digital assets, and a dynamic banking ecosystem.
Circle secures conditional DASP registration in France, appoints new country head
Date:
