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Circle Announces MiCA License Update

Circle announces a regulatory MiCA update for its Circle France entity, allowing to offer new stablecoin and crypto asset services.

Circle progresses its regulatory activity in Europe (Alexander Kagan / Unsplash)

Circle progresses its regulatory activity in Europe (Alexander Kagan / Unsplash)

Circle has received a MiCA license update.

Circle has announced a MiCA license update for its operations under French regulator AMF (Autorité Des Marchés Financiers). The stablecoin issuer is now able to offer regulated stablecoin custody and transfer services for USDC and EURC stablecoins to its European clients.

This builds on top of Circle's current momentum over in the U.S., where with the Clarity Act now likely in sight, there will be a greater effort to scale its stablecoin solutions and onchain infrastructure on Arc Network and across other major financial hubs like Europe.

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