Coinbase and Circle Expand European Operations Following French Regulatory Approval

Coinbase and Circle Expand European Operations Following French Regulatory Approval



Coinbase and Circle have both expanded their operations in Europe after receiving regulatory approval from France's Financial Markets Authority (AMF). Coinbase, a cryptocurrency exchange, obtained a Virtual Asset Service Provider (VASP) license from the AMF, aiming to establish itself in European markets beyond the U.S.



The AMF's license allows Coinbase to operate as a digital asset exchange, offering services such as cryptocurrency trading, crypto-to-fiat trading pairs, and crypto custodial services. This was reported by CNBC on December 21 and confirmed by a spokesperson from the company.



Simultaneously, Circle, the entity behind the USD Coin (USDC), announced its conditional registration with the AMF. Its CEO, Jeremy Allaire, expressed the company's ambition to secure a full Digital Asset Service Provider (DASP) license from


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#Circle, #Coinbase, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #News, #Regulations

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