Circle, a prominent stablecoin issuer, has achieved a significant milestone by obtaining a conditional Digital Asset Service Provider (DASP) license in France. This licensing, combined with the appointment of Coralie Billmann as the Head of French Operations, marks a pivotal moment in Circle’s European expansion.
Billmann’s extensive experience in financial leadership roles, including positions at JP Morgan and PayPal Luxembourg, positions her as a valuable asset for Circle’s European strategy. She will oversee Circle’s licensed operations in France and steer it towards compliance with the Markets in Crypto-Assets (MiCA) regulation.
Jeremy Allaire, co-founder and CEO of Circle, commented on the importance of the DASP registration in France: “The granting of this conditional DASP registration in France marks an important milestone as we work to establish our European regulatory platform.”
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