On 14 October 2026 the European Banking Authority (EBA) announced that it has classified USDC, issued in the EU by Circle Internet Financial Europe SAS, as a significant e-money token under the Markets in Crypto-Assets Regulation (MiCAR). The EBA says 45 e-money tokens (EMTs) have been notified under MiCAR, and USDC is the first to…
On 12 October 2026 the Financial Stability Board (FSB) published a five-page note to the G20, Global stablecoin arrangements: Cross-border vulnerabilities and financial stability monitoring, together with a letter from its Chair, Andrew Bailey, to G20 Finance Ministers and Central Bank Governors ahead of their 15 October meeting. The FSB global stablecoin note sets out…
If your firm filed a major incident under DORA in 2025, that report has now been counted. On 3 June 2026 the three European Supervisory Authorities published their first annual report on major ICT-related incidents, putting a hard number on what used to be guesswork: how many major incidents the EU financial sector reports, where…
A euro stablecoin looks like a payments product and behaves like one. The reporting file behind it does not. The moment an issuer puts a fiat-referenced token into circulation in the EU, it sits inside banking or e-money authorisation, and for many tokens it also picks up a quarterly supervisory return and a hard cap…