๐Ÿ“„ Circle secures credit license in New York for its subsidiary

Circle, the issuer of the stablecoin USDC, has obtained a limited-purpose credit license for its subsidiary in the state of New York. This license aims to strengthen the companyโ€™s regulatory framework in the state and expand the scope of its services within a supervised environment.

โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”
๐Ÿ“Š Impact: ๐Ÿ“ˆ High
๐Ÿท๏ธ REGULATION

#Circle #USDC #Regulation #NewYork #CryptoNews

๐Ÿ“ฐ Source: cointelegraph.com