On July 26, Mountain Protocol, the issuer of the revenue stablecoin USDM, announced that the Bermuda Monetary Authority (Class F) has upgraded its license to a full license. Companies such as Coinbase, Circle, HashKey, and Zero Hash have received such licenses.
Mountain Protocol completed a $8 million Series A financing round in June this year, led by Multicoin Capital.
USDM issuer Mountain is fully licensed by the Bermuda Monetary Authority
2024-07-26 15:33:00
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