Circle’s USDC First to Receive EU Significant E-Money Token Status
Edited by Steinar Vigdel Kolnes, Editor, Oslo
The EBA has classified Circle’s USDC as a significant e-money token, with dual regulatory supervision set to begin on Nov. 12, 2026.
Circle’s USDC is the first stablecoin to receive a significant e-money token classification from the European Banking Authority (EBA), according to Bitcoin.com News.
The designation distinguishes USDC from the 44 other e-money tokens notified in the European Union, placing it in a separate regulatory category.
Dual supervision is scheduled to take effect on Nov. 12, 2026. The EBA will oversee financial safeguards, alongside France’s banking regulator.
Source: Bitcoin.com News
