Casino subsidiary suspends stablecoin issuance

An article by Caroline Soutarson

Publication

7 June 2024 à 17h24

Updated on 17 June 2024 à 11h16

Reading time

1 minute

Publication: 7 June 2024 à 17h24, Updated on 17 June 2024 à 11h16

Reading time: 1 minute

An article by Caroline Soutarson

Publication

7 June 2024 à 17h24

Updated on 17 June 2024 à 11h16

Reading time

1 minute

Publication: 7 June 2024 à 17h24, Updated on 17 June 2024 à 11h16

Reading time: 1 minute

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“As part of the entry into force of the European MiCA regulation (June 30, editor note) and in accordance with its compliance commitment, Lugh, issuer of the stablecoin euro, announces the cessation of the issuance of [new stablecoins] and guarantees the redemption of existing stablecoin euro until August 30, 2024,” announced the Casino subsidiary on June 4, 2024. Launched in 2021, the stablecoin euro was intended to enable “the longer-term development of innovative new means of payment and...

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Article authors

Featured image of the article Caroline Soutarson

Caroline Soutarson Head of the “Mind Fintech” section

Featured image of the article Caroline Soutarson

Cheffe de rubrique Investissement et référente data chez mind Fintech

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