Autorité de Contrôle Prudentiel et de Résolution (ACPR)

French banking and insurance supervisor

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EBA designates USDC as EU's first 'significant' e-money token

Rule Changes

Retains governance and conflicts-of-interest oversight of USDC's EU issuer

The European Banking Authority named Circle's USDC the first 'significant' e-money token in the European Union on October 14. It's the first of 45 stablecoins notified under MiCA, the EU's crypto-asset rulebook, to clear that designation bar.

Updated 2 hours ago