Circle Declares Full MiCA Compliance for USDC and EURC
On July 1, at a press conference in Paris, Circle announced that its stablecoins, USDC and EURC, now adhere fully to the European Union’s Markets in Crypto-Assets (MiCA) regulations.
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On July 1, at a press conference in Paris, Circle announced that its stablecoins, USDC and EURC, now adhere fully to the European Union’s Markets in Crypto-Assets (MiCA) regulations.
This makes Circle the first global stablecoin issuer to achieve MiCA compliance.
Circle’s CEO, Jeremy Allaire, also shared this development on X, describing it as a major advancement in integrating stablecoins into traditional financial systems.
Allaire emphasized that MiCA establishes the most comprehensive global regulations for stablecoin and digital asset markets, noting the crucial role of the French government in creating this regulatory framework.
Today, I am delighted to share that Circle is authorized as an E-Money Issuer by the ACPR in France, and a MiCA-compliant E-Money Token issuer for both USDC and EURC
Allaire posted on X.
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