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USDC Triggers a New Milestone Under MiCA Circle’s (@circle) ethereum:0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48 has become the first e-money token classified as significant under the EU’s MiCA rules. The European Banking Authority made the classification after assessing regulatory criteria. From November 12, 2026, the EBA will take over direct supervision of USDC’s reserves, liquidity, and redemption plans. The EU currently has 45 notified e-money tokens, making USDC the first to receive this designation.
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