Policy
EBA Designates Circle’s USDC as Europe’s First ‘Significant’ MiCA EMT, Bringing Dual Supervision From Nov. 12
The first significant-EMT classification splits prudential oversight between the EBA and France's ACPR on a fixed clock, while a non-binding MoU with New York creates the EBA's first transatlantic supervisory corridor for stablecoins. The mechanics matter more than the headline.
◆ Priya Nair