
Circle Becomes First European Licensed Stablecoin Issuer
The Breakdown
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Circle's European Stablecoin License and Silvergate Settlement
The chapter discusses Circle's groundbreaking achievement of securing a license under the new MICA framework in Europe, marking a significant milestone in the stablecoin industry. It also highlights Silvergate Bank's settlement with regulators over anti-money laundering concerns and misleading disclosures.
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