France will retain corporate supervision of Circle even after the EBA assumes its supervisory role. The designation is part of the European Union's MiCA regulation and subjects the stablecoin to stricter rules regarding its operations and reserve management.
Tuesday, October 20, 2026
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EBA Names Circle USDC First Significant e-Money Token in EU
Crypto6 days ago
The European Banking Authority will begin direct oversight of the capital, reserves, and liquidity of Circle's USDC stablecoin on Nov. 12. The regulator designated the asset as the first significant e-money token in the European Union, a classification that subjects the issuer to more rigorous financial requirements.
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