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EURe is the euro e-money token by Monerium EMI, a regulated entity, licensed in the EEA and the UK. E-money is recognised as a digital alternative to cash, 1:1 backed in high-quality liquid assets and is unconditionally redeemable on demand. Monerium EMI helps you move euros between bank accounts worldwide and your blockchain wallet by creating a unique bank account number for the wallet in your name.
Monerium issues money on blockchains. It is the first company authorized to issue e-money tokens under existing European e-money regulations, Directive 2009/110/EC.
E-money is over-collateralized with user funds and issuer reserve capital safeguarded in segregated assets, either high quality and liquid securities, bank deposits, or both.
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