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Blockchain payment infrastructure company Fipto has obtained its second stablecoin regulatory license in France.
According to ChainCatcher news and The Fintech Times, the blockchain payment infrastructure company Fipto has officially obtained a payment institution license issued by the French Prudential Supervision and Resolution Authority (ACPR). This is the second stablecoin-related regulatory license obtained by the company after being registered as a Digital Asset Service Provider (DASP) in France. This license allows Fipto, headquartered in Paris, to send and receive global fiat payments on behalf of third parties while optimizing the stablecoin trading process by reducing intermediaries.