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Blockchain payment infrastructure company Fipto has obtained its second stablecoin regulatory license in France.
ChainCatcher News: According to The Fintech Times, blockchain payment infrastructure company Fipto has officially obtained a payment institution license issued by the French Prudential Regulatory and Settlement Agency (ACPR). This is the company's second stablecoin-related regulatory license in France, following its registration as a digital asset service provider (DASP). This license enables Paris-based Fipto to send and receive global fiat payments on behalf of third parties, while optimizing the stablecoin transaction process by reducing intermediaries.