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.
Presentation at Stockholm Fintechweek: e-money on blockchains.
Monerium EMI is granted a full EMI licence to issue e-money on blockchains.
Presentation at Positive Money, Stockholm: e-money on blockchains.
The first currency issued was the ISKe (Icelandic króna).
Presentation at the IMF: e-money on blockchains.
Monerium in collaboration with Tradeshift Frontiers settle a smart invoice using e-money on blockchain.
Presentation at Coinscrum: e-money on blockchains.
Presentation at the WEF, Paris: e-money on blockchains
Our licence was successfully passported to UK, Germany, France, Denmark, Sweden, Lithuania.
Three major currencies were added to the supported currencies in preparation for the second pilot with Tradeshift.
World's first cross-border transactions using euro on blockchain.
Monerium is now licenced to onboard customers from all EEA countries.