De Gaulle Fleurance assists Circle, the American crypto-currency giant, in establishing its services in France and Europe

As announced by Jeremy Allaire, Circle’s CEO, the American “stablecoin” giant has chosen to set up in France to develop its services in Europe.

Circle selected De Gaulle Fleurance’s team of lawyers and notaries to assist with its establishment in France and to obtain the regulatory authorisations required for the development of its business.

Circle applied to the Autorité des marchés financiers (AMF) for registration as a digital asset service provider (DASP) and to the Autorité de contrôle prudentiel et de résolution (ACPR) for approval as an electronic money institution. These applications are currently under review by these public authorities.

Circle is advised in this project by Henri-Nicolas Fleurance, Managing Director and founding partner of De Gaulle Fleurance, Anne Maréchal and Cyril Tour, partners, Adam Stolcz, legal professional, Alexis Tandeau, Léa Oïffer-Bomsel and Guillaume Jagerschmidt, associates.

“We are proud to assist Circle in its project to settle in France,”

Henri-Nicolas Fleurance, Anne Maréchal and Cyril Tour explain,

“France has been a pioneer in implementing regulations that protect investors while encouraging innovation. This is a great opportunity for crypto-asset and blockchain players from all over the world, such as Circle, who choose Paris to set up and develop their activities in Europe.”