Company Information

Get to know Lugh

Lugh is a French financial technology company founded to create a reliable and transparent digital Euro. Its flagship product is the EURL, a stablecoin pegged 1:1 to the Euro. Each EURL is backed by an equivalent amount of Euros held in a segregated bank account at Société Générale. The company emphasizes regulatory compliance, being registered as a Digital Asset Service Provider (DASP) with the French Financial Markets Authority (AMF). Lugh's mission is to provide a secure and stable digital asset for transactions, trading, and DeFi applications, with its reserves being audited by major accounting firms to ensure full transparency.

Industry

Crypto CryptocurrencyPRIMARY
Financial Other Service

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Lugh

France

Founded in

2021 (5 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

FSCA

FSC

ASIC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.