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…
On 24 September 2026 the European Banking Authority published its response to the European Commission’s targeted consultation on the MiCA review, an exercise feeding into the review framework under Article 140 of Regulation (EU) 2023/1114. The EBA asks the Commission to prioritise five things: a dedicated regime for third-country multi-issuer stablecoin schemes, a fresh look…