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...
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