Web3
EBA Names USDC the EU’s First ‘Significant’ E-Money Token
The Defiant·October 14, 2026·1 min read
The EBA named USDC the EU's first 'significant' e-money token, shifting financial supervision to the EBA on Nov. 12. France's ACPR retains responsibility for governance and other corporate matters. This designation triggers enhanced oversight for the stablecoin under EU regulations.
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