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- Exciting News: Circle Secures French DASP License
- Regulatory Milestone: Circle aligns with MiCA regulation
- Meet the Expert: Head of European Operations appointed to lead Circle’s compliance efforts
Circle, a leading stablecoin issuer, has achieved a significant regulatory milestone by obtaining a conditional Digital Asset Service Provider (DASP) license in France, solidifying its position in the European crypto market.
The licensing, combined with the appointment of Coralie Billmann as the Head of French Operations, demonstrates Circle’s dedication to complying with European regulatory standards.
European Expansion
Circle’s acquisition of the DASP license from the French Financial Markets Authority is a pivotal moment in the company’s European expansion. This move reinforces Circle’s commitment to adhering to regulatory standards, especially with the impending implementation of the Markets in Crypto-Assets (MiCA) regulation.
To bolster its operations and compliance efforts, Circle has strategically brought Coralie Billmann on board.
Coralie Billmann, currently the Director of European Operations and a board member at 3S Money, will assume the role of Head of French Operations at Circle. Billmann’s extensive experience in financial leadership roles positions her as a valuable asset for Circle’s European strategy.
Billmann’s appointment is pivotal, not only in overseeing licensed operations in France but also in steering Circle towards compliance with the MiCA regulation. This strategic alignment with European standards signifies Circle’s proactive approach in a regulatory landscape that continues to evolve.
Circle co-founder and CEO Jeremy Allaire expressed the significance of the conditional DASP registration in France, stating:
“The granting of this conditional DASP registration in France marks an important milestone as we work to establish our European regulatory platform.”