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Fipto Secures Crypto-Asset Service Provider License

Crypto News

Fipto, a provider of regulated payment infrastructure for stablecoins, now has both a Payment Institution (PI) license and a full Crypto-Asset Service Provider (CASP) license.

The company announced in a Tuesday (Jan.27) blog post that it secured a CASP license from the French Autorité des Marchés Financiers (AMF).

The combination of a PI license and a CASP license enables Fipto to bridge the gap between traditional fiat currencies and digital assets under a single compliance framework, as well as optimize the interplay between the two to ensure maximum security and operational speed, the company said in the release.

“From our governance structures to our risk management protocols, we have built a platform that provides the…

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