France Encourages Crypto: Circle Registers For Digital Asset Services Provider, Coinbase As Virtual Asset Services Provider
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Benzinga
Benzinga
To attract more crypto companies to France, the government made two moves to open borders and take advantage of the clarity in industry regulations. What Happened: Circle received conditional registration as a digital asset service provider from the Financial Markets Authority (AMF) of France. Issuer of USDC (CRYPTO: USDC) and EURC (CRYPTO: EURC), Circle added payments industry veteran Coralie Billmann for heading its licensed operations in the country, post regulatory approval. The conditions for registration are that Circle should receive approval as a payment services provider (PSP) or regi…