MiCA Roadmap

Furlpay is built compliance-first. Licensing is sequenced by jurisdiction, with a shared KYC and Travel Rule spine so obligations resolve automatically per user and per transfer.

EU — MiCA

Under the EU Markets in Crypto-Assets (MiCA) regime, the stablecoins Furlpay settles in are treated as e-money tokens (EMTs) and asset-referenced tokens (ARTs). The roadmap targets a CASP authorization plus EMT issuer partnerships so EURC and USDC balances are fully in-scope.

• CASP (Crypto-Asset Service Provider) authorization in an EU member state.
• EMT/ART reserve and disclosure alignment with issuing partners.
• Passporting across the EEA once authorized.

US — GENIUS Act

In the United States, the GENIUS Act federal stablecoin framework governs permitted issuers and reserve requirements. Furlpay integrates with compliant issuers and applies the corresponding holding and disclosure rules to US users.

UK — FCA

UK activity follows FCA regulations, including registration and the cryptoasset financial promotions regime. Marketing surfaces and in-app copy are gated to meet the promotions rules for UK residents.

Identity — Sumsub

Onboarding runs on a tiered, reusable KYC/KYB model via the Sumsub integration. A user verifies once; the resolved tier then unlocks limits and products across jurisdictions without re-collecting documents.

Travel Rule — TRUST

Cross-VASP transfers carry originator and beneficiary information under the FATF Travel Rule, exchanged over the TRUST network. The compliance package attaches the required data to qualifying transfers automatically.