EBA Designates Circle’s USDC as Europe’s First ‘Significant’ MiCA EMT, Bringing Dual Supervision From Nov. 12
The classification of USDC as a significant e-money token (EMT) by the European Banking Authority (EBA) is a shift in supervisory architecture rather than a change in the product itself. On 14 October 2026, the EBA classified USDC as a significant EMT, marking the first time this designation has been applied under the Markets in […]
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