Circle Bullish on EU Growth
The stablecoin issuer Circle is optimistic about EU expansion. As an ERC-20 token on Ether, Circle introduced Euro Coin (EUROC) in June. The market capitalisation of EUROC was $76 million as of Tuesday afternoon and has not changed since August. According to Circle Capital co-founder Jon Hansen, the European Commission's (MiCA) regulatory framework for the cryptocurrency business is a "wonderful move in that direction." According to a new Chainalysis research, Europe is once again home to the largest crypto economy in the world. The CME Group expanded its products this summer by introducing Bitcoin and Ether futures denominated in euros.
Source: https://decrypt.co/112880/circle-bullish-on-eu-growth-as-regulator-sought-help-developing-crypto-rules
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