KEY POINTS
- Coinbase received the Virtual Assets Service Provider authorization from the Autorité des Marchés Financiers
- Stablecoin issuer Circle also received a conditional registration as a Digital Asset Provider in France
- Circle still needs the approval as a Payment Services Provider to operate in the country
France, a country poised to establish itself as a cryptocurrency hub, granted regulatory approvals to foreign cryptocurrency businesses Coinbase and Circle on Thursday, just a few days before the year draws to a close.
