Year in review
2019 was a big year for Monerium as the team secured its e-money licence in June and became the first e-money institution authorized to issue e-money on blockchains.
In the following months, we announced our first use cases and passported our license across Europe.
The license and the use cases validate a roadmap we started defining several years ago.
In 2015, shortly after the launch of Ethereum, Monerium undertook to write a commissioned report about blockchains and the future of finance.
In 2016, we concluded that a reliable fiat token would be required for mainstream adoption of blockchains.
In 2017, Monerium started hiring and preparing to apply for a fiat token license in a major jurisdiction.
In 2018, we applied to become an electronic money issuer in Europe for the purpose of issuing e-money on chain.
In 2019, our license was approved, we are open for business and look forward to announcing more use cases in 2020.
Milestones of 2019
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February 11, 2019
Stockholm Fintechweek
Presentation at Stockholm Fintechweek: e-money on blockchains.
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June 14, 2019
EMI Licence granted
Monerium EMI is granted a full EMI licence to issue e-money on blockchains.
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June 15, 2019
Positive Money, Stockholm
Presentation at Positive Money, Stockholm: e-money on blockchains.
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June 17, 2019
ISKe issued on blockchain
The first currency issued was the ISKe (Icelandic króna).
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September 17, 2019
IMF
Presentation at the IMF: e-money on blockchains.
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October 1, 2019
Pilot announced with Tradeshift
Monerium in collaboration with Tradeshift Frontiers settle a smart invoice using e-money on blockchain.
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October 2, 2019
Coinscrum
Presentation at Coinscrum: e-money on blockchains.
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October 22, 2019
World Economic Forum
Presentation at the WEF, Paris: e-money on blockchains
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November 18, 2019
Passporting to six EU countries completed
Our licence was successfully passported to UK, Germany, France, Denmark, Sweden, Lithuania.
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November 28, 2019
EURe, GBPe and USDe issued on blockchain
Three major currencies were added to the supported currencies in preparation for the second pilot with Tradeshift.
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December 10, 2019
Second pilot with Tradeshift
World's first cross-border transactions using euro on blockchain.
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December 16, 2019
Passporting to all EEA countries completed
Monerium is now licenced to onboard customers from all EEA countries.
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