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Circle becomes first licensed stablecoin issuer under MiCA

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Circle has announced it became the first stablecoin issuer to acquire a regulatory license under the European Union's Markets in Crypto-Assets regulations.

Circle’s USDC and EURC stablecoins become the first fully compliant digital fiat tokens under the Markets in Crypto-Assets rules.

Allaire then announced that Circle chose France as the company’s European headquarters, citing France’s forward-looking stance on digital asset regulation and Circle’s working relationship with the French Prudential Supervision and Resolution Authority .

 

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