News Score: Score the News, Sort the News, Rewrite the Headlines

Crypto firm Circle gets approval to issue stablecoin in EU under bloc’s strict rules

Launched in 2018 by crypto firm Circle, USDC is now the second-biggest stablecoin globally, with more than $30 billion worth of tokens in circulation.Nurphoto | Getty ImagesCryptocurrency firm Circle said Monday it's now registered as an electronic money institution, or EMI, in France, granting the firm a key license to become a compliant stablecoin issuer under the European Union's tough crypto laws.Circle, which is primarily known for its USD Coin, or USDC, stablecoin, said in a statement that...

Read more at cnbc.com

© News Score  score the news, sort the news, rewrite the headlines