ACHF
AEUR
Company
MEET ACHF AND AEUR
Meet the two groundbreaking stablecoins: ACHF and AEUR, backed 1:1 by Swiss Francs (CHF) and Euros (EUR), respectively. Powered by Anchored Coins, our aim is to revolutionize digital finance and offer unparalleled stability, security, and reliability in the rapidly evolving crypto landscape.
COMPLY WITH SWISS ANTI-MONEY LAUNDERING REGULATIONS
VQF stands as Switzerland's largest and longest-standing cross-industry SRO (self-regulatory organization), officially recognized by Finma, the national financial services authority. After obtaining approval for membership, Anchored Coins is now obliged to comply with with Swiss anti-money laundering regulations.
Secure
Discover stablecoins with full cash reserves, offering steadfast 1:1 redemptions for a secure, dependable digital currency experience.
Fast
With the innovative stablecoin solution, we aim to provide the advanced technology that makes a positive impact in the world of finance.
Compliant
Committed to regulation and compliance, we uphold the highest trust and transparency standards, guaranteeing exceptional service for our clients.
PARTNER WITH
Anchored Coins is a Swiss-based issuer of ACHF and AEUR, founded and managed by experienced blockchain industry leaders committed to providing innovative financial solutions. Join us as we collaborate on shaping the digital future.
ACHF
Experience Stability and Reliability
Discover the stability of Swiss Francs in the digital realm with our innovative stablecoin. Harness the strength and resilience of one of the world's most secure currencies, now seamlessly integrated into digital finance.
AEUR
Embrace Euro-Powered Reliability
Dive into the world of digital finance with the backing of an established and widely-accepted currency. Capture the essence of Europe's economic strength while enjoying seamless transactions and borderless connections.
CONTACT OUR TEAM
Fill out the form to connect with Anchored Coins Team.
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Gartenstrass 6, 6300 Zug, Switzerland
CHE - 434.703.403
Proud member of VQF self regulatory organization
CHE - 434.703.403
Proud member of VQF self regulatory organization
© 2023 Anchored Coins AG. All rights reserved.
Dear Clients of Anchored Coins AG and Holders of AEUR stablecoins,
We are writing to inform you of recent positive developments regarding the AEUR collateral and the operational activities of Anchored Coins AG.
As previously communicated, Anchored Coins AG was temporarily restricted from onboarding new clients, issuing new AEUR, and processing redemptions of AEUR stablecoins by the competent Swiss authorities following the initiation of bankruptcy proceedings against FlowBank SA in liquidation (https://www.flowbank.com/) on 13 June 2024 by the Swiss Financial Market Supervisory Authority (FINMA).
Successful restructuring of AEUR bank guarantee coverage
We are pleased to inform you that, in alignment with the Swiss authorities, we have successfully restructured the collateral coverage so that the entire AEUR circulating supply is now backed by 1:1 Euro reserves held in our Swissquote Bank SA, and the coverage of the circulating supply is no longer dependent of the outcome of the bankruptcy proceedings of FlowBank SA in liquidation.
Redemption Process
In accordance with the Anchored Coins Token Terms, Anchored Coins AG intends to initiate direct redemptions of the AEUR token with a minimum redemption amount of AEUR 250,000.
We are actively preparing all operational processes and requirements necessary to re-establish the redemption process as soon as possible and will publish the detailed instructions and applicable requirements on our website once they are finalized.
Kindly note that AEUR can also be exchanged for EUR on various trading platforms. These options may be more suitable for holders with less than AEUR 250,000 or for those seeking a faster transaction process than direct redemption through Anchored Coins AG.
Next Steps: Future of the AEUR project
With the questions relating to the bank guarantee coverage resolved, Anchored Coins AG can now fully focus on the future of the AEUR project and re-establishing the redemption process.
As regards the future of the AEUR project, it is important to note that the EU Markets in Crypto-Assets Regulation (MiCAR) entered into force during the restructuring process. Under MiCAR, issuers of EUR-denominated stablecoins are now required to be licensed within the European Union. As Anchored Coins AG is a Swiss-based company, it will therefore not issue new AEUR tokens and will withdraw from the stablecoin business and the Swiss market in an orderly manner.
To ensure compliance with MiCAR and continuity for AEUR token holders, we are pleased to confirm that a compliant solution is close to being finalized. Once the new framework is in place, we will provide a comprehensive update outlining the revised structure and the future handling of AEUR tokens that are in circulation.
We would also like to reassure token holders that the funds backing the AEUR collateral are securely held in bank accounts of Anchored Coins AG’s. There are no risks to current AEUR token holders, and all measures are being implemented in full compliance with applicable laws and regulations.
We sincerely appreciate your continued trust and support. Should you have any questions or require further information, please do not hesitate to contact us at info@anchoredcoins.com
Sincerely,
Your Anchored Coins Team