Do you have an EU e-money license?

Do you have an EU e-money license?

Obtaining an e-money license was part of our original roadmap, but as the token model matured we discovered that it is currently incompatible with the EU e-money regime, which prohibits applying interest.

We have worked with the Danish FSA and top regulatory advisors to ensure that our currency-backed stablecoins are fully compliant.

The Terms and Conditions for the currency-backed stablecoins detail the regulatory status of the tokens.

We do expect that the EU e-money regime will eventually be updated to handle interest and have designed our token model in preparation for this.

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