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Zodia Custody Receives Luxembourg Payment Institution License, Expanding Stablecoin Service Footprint in the EU
: Institutional-grade digital asset custody platform Zodia Custody has announced that it has obtained a payment institution license from the Luxembourg financial regulator, the Commission de Surveillance du Secteur Financier (CSSF). This authorization allows the company to compliantly provide custody and transfer services for electronic money tokens (EMTs, i.e., stablecoins) within the European Union.Zodia Custody stated that this approval represents a further expansion on its existing MiCA license, enhancing its digital asset service capabilities for institutional clients. The company believes that as the use of stablecoins in payment settlement, liquidity management, and corporate treasury operations continues to grow, stablecoin custody and transfer capabilities will become a core component of digital asset infrastructure providers.Founded in 2020, Zodia Custody focuses on the institutional client market. Its shareholders include institutions such as Standard Chartered, Northern Trust, SBI Holdings, Emirates NBD, and National Australia Bank. Following the approval of this Luxembourg license, Zodia Custody has now obtained relevant regulatory permissions in multiple jurisdictions, including the UK, UAE, Hong Kong SAR, Singapore, Australia, and the EU. (The Block)
Circle’s French subsidiary receives AMF approval to provide crypto-asset custody and transfer services across the European Economic Area
According to Crowdfund Insider, Circle’s French subsidiary, Circle Internet Financial Europe SAS (referred to as “Circle France”), received formal authorization from the French Financial Markets Authority (AMF) on April 20 to provide custody and transfer services for its stablecoins USDC and EURC across the entire European Economic Area (EEA). Under Article 60(4) of the EU’s Markets in Crypto-Assets Regulation (MiCA), this authorization enables Circle France to operate via the “passporting mechanism,” allowing customers in all EEA member states to access these services without requiring additional local licenses. Circle is the largest compliant issuer of electronic money tokens (EMTs) under MiCA regulation in the EU. The authorized custody services cover secure storage and management of clients’ crypto assets, while the transfer functionality supports seamless asset movement. Dante Disparte, Circle’s Chief Strategy Officer and Head of Global Policy and Operations, stated that this milestone reflects Circle’s commitment to operating within Europe’s regulatory framework and supporting the development of trusted digital financial infrastructure in France and across the EU. This authorization builds upon Circle’s prior authorization as an electronic money institution in France.
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Zodia Custody Receives Luxembourg Payment Institution License, Expanding Stablecoin Service Footprint in the EU
: Institutional-grade digital asset custody platform Zodia Custody has announced that it has obtained a payment institution license from the Luxembourg financial regulator, the Commission de Surveillance du Secteur Financier (CSSF). This authorization allows the company to compliantly provide custody and transfer services for electronic money tokens (EMTs, i.e., stablecoins) within the European Union.Zodia Custody stated that this approval represents a further expansion on its existing MiCA license, enhancing its digital asset service capabilities for institutional clients. The company believes that as the use of stablecoins in payment settlement, liquidity management, and corporate treasury operations continues to grow, stablecoin custody and transfer capabilities will become a core component of digital asset infrastructure providers.Founded in 2020, Zodia Custody focuses on the institutional client market. Its shareholders include institutions such as Standard Chartered, Northern Trust, SBI Holdings, Emirates NBD, and National Australia Bank. Following the approval of this Luxembourg license, Zodia Custody has now obtained relevant regulatory permissions in multiple jurisdictions, including the UK, UAE, Hong Kong SAR, Singapore, Australia, and the EU. (The Block)
Circle’s French subsidiary receives AMF approval to provide crypto-asset custody and transfer services across the European Economic Area
According to Crowdfund Insider, Circle’s French subsidiary, Circle Internet Financial Europe SAS (referred to as “Circle France”), received formal authorization from the French Financial Markets Authority (AMF) on April 20 to provide custody and transfer services for its stablecoins USDC and EURC across the entire European Economic Area (EEA). Under Article 60(4) of the EU’s Markets in Crypto-Assets Regulation (MiCA), this authorization enables Circle France to operate via the “passporting mechanism,” allowing customers in all EEA member states to access these services without requiring additional local licenses. Circle is the largest compliant issuer of electronic money tokens (EMTs) under MiCA regulation in the EU. The authorized custody services cover secure storage and management of clients’ crypto assets, while the transfer functionality supports seamless asset movement. Dante Disparte, Circle’s Chief Strategy Officer and Head of Global Policy and Operations, stated that this milestone reflects Circle’s commitment to operating within Europe’s regulatory framework and supporting the development of trusted digital financial infrastructure in France and across the EU. This authorization builds upon Circle’s prior authorization as an electronic money institution in France.