Description
European Banking Authority decision classifying USDC as significant e-money token under Markets in Crypto-Assets Regulation entered into force
On 12 November 2026, the European Banking Authority’s decision designating USDC as a significant e-money token (EMT) under the Markets in Crypto-Assets Regulation (MiCA) entered into force, and Circle Internet Financial Europe SAS, which issues USDC…
- The EBA classifies USDC as the first significant e-money token in the European Union, European Banking Authority (EBA) (Official)
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
supranational
Government Branch
executive
Government Body
other regulatory body