Circle first outlined plans to make crypto-friendly France its European base last year as it bids to expand its operations on the continent and push its EUROC stablecoin.
Having secured the DASP registration, the company still needs to obtain approval as a payment services provider or a registration as an agent of a PSP to start operations in France. To get this, it has applied for an Electronic Money Institution license.
Billmann joins after helping to launch licensed EMI 3S Money Club.