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Blockchain payment infrastructure company Fipto has obtained its second stablecoin regulatory license in France.
According to ChainCatcher news, The Fintech Times reported that 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 company’s second regulatory license related to stablecoins obtained in France after registering as a Digital Asset Service Provider (DASP). This license enables 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.