Merge Wins Regulatory Approval, Enabling Cross-Border Payments in France

French fintech company Merge has been granted dual licenses from ACPR and AMF, allowing it to offer cross-border payments using both fiat currencies and stablecoins. This is a significant step towards opening up the European crypto payment ecosystem. The company can now facilitate real-time payments and SWIFT connectivity via a single API, enhancing business efficiency for handling invoices and revenue repatriation. This move marks an important development in Europe’s growth of blockchain technology integration into traditional financial systems. Merge’s innovative approach could influence regulatory landscapes across Europe as other nations consider adopting a similar framework for fintech businesses and stablecoin regulation.