Coinut Switzerland AG to List the First bank backed MiCA-Compliant EURI Stablecoin
Together with Banking Circle, Coinut Switzerland AG is proud to announce the listing of Eurite (EURI), the first bank-backed stablecoin fully compliant with the European Union’s Markets in Crypto Assets Regulation (MiCA). EURI, issued by Luxembourg-based bank Banking Circle S.A., provides 24/7 access to digital assets with after-hours settlement through blockchain technology.
Coinut OTC will open OTC trading pairs EUR/EURI and EURI/USDT to allow users to begin depositing the EURI stablecoin in preparation for trading, with withdrawals set to start on 21 October 2024. This remarkable achievement underscores Banking Circle’s commitment to innovation and the future of tokenized money, as EURI becomes the first MiCA-regulated stablecoin issued and backed by a bank.
Coinut Switzerland AG is dedicated to offering our users access to secure and compliant digital assets. The new listing of EURI on our platform reflects our commitment to bringing top-tier financial instruments to our global customer base within a regulated and trustworthy environment.
Stay tuned for more updates on when EURI will be available for trading on Coinut Switzerland AG. The listing of EURI is a testament to our ongoing commitment to innovation, security, and regulatory compliance, ensuring that our users have access to the most trusted and forward-thinking digital assets in the market.
How to Start Trading EURI with Us?
Getting started is simple! Just fill out this form, and one of our sales representatives will contact you within a day to guide you through the process.
About Banking Circle
Banking Circle S.A. is a tech-driven payments bank that launched EURI, a stablecoin compliant with the Markets in Crypto Assets Regulation (MiCA). Using advanced security like Fireblocks Tokenization and MPC-CMP technology, Banking Circle S.A. ensures safe and efficient transactions, making it a trusted partner in the regulated crypto space.
About Coinut Switzerland Ag
Coinut Switzerland AG is registered with the Verein zur Qualitätssicherung von Finanzdienstleistungen (VQF) as an SRO member under membership number 101091. We offer a secure and compliant platform for trading EURI via OTC, prioritizing your safety by ensuring that all transactions are protected. Plus, enjoy fast and efficient settlement with EURI. Start trading EURI/CHF and EURI/EUR with COINUT now!
RISK DISCLOSURE: ⚠️
Digital payment token investments, such as cryptocurrencies, are not guaranteed by service providers or cryptocurrency exchanges and the government. It is crucial to exercise caution in investing, including the awareness that a part or all of the capital may be lost and may not be recovered, especially in cases of high price volatility or down market, bankruptcy, seizures and other factors. Hence, the user’s risk tolerance, investment appetite or capacity for loss should be set firstly, and they should observe safe and knowledgeable investment practices accordingly.
IMPORTANT NOTE: 📢
Coinut.com is a financial entity regulated as a Money Services Business in Canada, an exempt entity under the Payment Services Act in Singapore and registered with Verein zur Qualitätssicherung von Finanzdienstleistungen (VQF) as an SRO member, with membership number 101091. Please be reminded that cryptocurrency trading is highly risky and is not suitable for the general public. For more information, please refer to Risk Warnings and Risk Statements.