We're thrilled to witness the launch of EURI, a new MiCA-compliant Electronic Money Token (EMT), issued by Banking Circle. Banking Circle S.A. has a banking license in Luxembourg and is regulated by the CSSF. Their EURI “stablecoin”, already trading on Binance, is a significant step forward in the European crypto landscape.
Given that bitFlyer Europe S.A. is also headquartered in Luxembourg, regulated by the CSSF, and prioritizes MiCA compliance, we at OffChain Luxembourg are eagerly anticipating the day when EURI will be listed on bitFlyer Europe S.A. as well! This would mark another milestone in the adoption of regulated digital assets, further positioning Luxembourg as a leader in secure and compliant crypto-asset innovation.
At OffChain Luxembourg, we're dedicated to fostering blockchain development and supporting MiCA-compliant financial products. Our mission is to explore the practical implications of MiCA and to launch the first MiCA-compliant token in Luxembourg.
Stay tuned for more updates as we continue to push the boundaries of digital assets and regulation in Europe.