Circle secures France approval to launch MiCA-compliant crypto services across EEA, enabling custody and transfers for USDC and EURC in regulated European markets

Circle’s French subsidiary, Circle Internet Financial Europe SAS (“Circle France”), has received regulatory approval from France’s Autorité des marchés financiers (AMF) to provide MiCA-compliant crypto‑asset services across the European Economic Area (EEA), covering custody and transfer of assets linked to USDC and EURC. The authorization, granted under the EU’s Markets in Crypto‑Assets Regulation (MiCA), effectively allows Circle to passport these services throughout regulated European markets without seeking separate licenses in each member state. The approval sits on top of Circle’s existing status in France as an electronic money institution (EMI), and formalizes Circle France as a regulated crypto‑asset service provider able to securely store and administer client crypto holdings and facilitate transfers of USDC- and EURC‑related assets. Under MiCA, this framework is designed to impose common standards on reserve management, disclosure, and consumer protection for stablecoin issuers and service providers, giving institutional and retail users in the EEA clearer rules around how token holdings are safeguarded and moved. For Circle, the combination of EMI licensing and MiCA-compliant crypto‑asset services strengthens its positioning as a bridge between traditional financial infrastructure and on‑chain settlement in Europe, and may make it easier for exchanges, fintechs, banks, and payment firms to integrate USDC and EURC into regulated payment, trading, and treasury workflows. This move is part of a broader competitive shift as Europe’s MiCA regime comes into force and stablecoin issuers, banks, and payment institutions seek first‑mover advantage in offering compliant digital euro and dollar instruments. Circle’s ability to offer both issuance (through its EMI/MiCA stablecoin approvals) and associated crypto‑asset services such as custody and transfer under a unified EU regulatory framework may influence which stablecoins become default settlement assets for European on‑chain finance, cross‑border payments, and tokenized assets.

✨ AI-generated background, compiled from web sources — not editorial content.

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