Legal & Privacy

This page provides information for entities seeking our written consent to offer to the public/seek admission to trading for EURC and/or USDC under MiCA rules in the EU.

Legal Background and Context

Under Article 48 of the Markets in Crypto-Assets Regulation (MiCA), any legal person intending to offer Electronic Money Tokens (EMTs) to the public or seeking their admission to trading must obtain written consent from the EMT issuer. Since both EURC and USDC are issued as EMTs by Circle France in the EEA, any legal person needs Circle France’s written consent before it can offer EURC and/or USDC to the public or seek their admission to trading.

The European Securities and Markets Authority (ESMA) has clarified which crypto-asset services could be deemed as an offer to the public/seeking admission to trading in this regard. The ESMA statement reinforces the importance of written agreements between issuers and Crypto-Asset Service Providers (CASPs) in relation to these services. 

For more details, you can refer to:

• The full text of the MiCA Regulation (Article 48): Link to Regulation
• The ESMA statement on the provision of certain crypto-asset services in relation to non-MiCA compliant ARTs and EMTs: Link to ESMA Statement

Process for Obtaining Written Consent

Entities interested in offering to the public or seeking the admission to trading for EURC and/or EURC must present their request to the Circle France team at [email protected].

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