“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.
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