Circle has become the first global stablecoin issuer to comply with the European Union’s Markets in Crypto Assets (MiCA) regulatory framework, effective July 1. This approval allows Circle to issue its stablecoins USDC and EURC under Europe’s stringent crypto regulations. Circle CEO Jeremy Allaire announced this milestone during a press conference in Paris, highlighting the firm’s commitment to regulatory compliance. This development follows Circle’s recent steps to adhere to European regulations, including obtaining a digital asset license in France.
