Eurite (EURI) is regulated under the Markets in Crypto-Assets Regulation (MiCA) in the EEA. Issued by Banking Circle S.A., $EURI it complements Banking Circle’s existing payment systems. This includes efficient payment solutions, managed volatility exposure, smart contracts, after-hours settlement and treasury management. Being one of the first EURO stablecoins regulated by MiCA is important as it ensures compliance with strict EU regulations, enhancing trust, credibility and confidence of holders. MiCA’s regulatory compliance ensures consumer protection, transparency and financial stability, reducing legal risks and promoting transparency and security.
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