From November 12, Circle will be subject to stricter (https://eba.europa.eu/publications-and-media/press-releases/eba-classifies-usdc-first-significant-e-money-token-european-union) checks on reserves, liquidity, capital and the ability to repay tokens.
Circle’s USDC becomes first EU stablecoin to be recognized as ‘significant’ by MiCA
Story thread
Circle’s USDC becomes first EU stablecoin to be recognized as ‘significant’ by MiCA
2 updates · since October 14
Circle’s USDC becomes first EU stablecoin to be recognized as ‘significant’ by MiCA · you are here
From November 12, Circle will be subject to stricter (https://eba.europa.eu/publications-and-media/press-releases/eba-classifies-usdc-first-significant-e-money-token-european-union) checks on reserves, liquidity, capital and the ability to…
- Circle cuts 5% of employees due to AI
Circle is cutting 5% of its workforce due to AI.
Telegram
Get the full story in Telegram
Extended details, links and updates are published in our channel.
Sources
Related stories
Binance to Close Accounts in France, Spain, Italy and Poland on December 31
Bitcoin Magazine reports that Binance will stop servicing customer accounts in France, Spain, Italy and Poland starting December 31, 2026. An exchange representative confirmed the closure date and linked the restrictions to the end of the…
Read →Block discloses proposed $764 million DOJ payment in AML case
Block said it had reached an agreement in principle with the DOJ over a claim concerning its anti-money laundering program. The potential settlement totals approximately $964 million, with an expected net payment of about $764 million afte…
Read →Coinbase received a full federal trust license in the United States
Coinbase received full federal trust license in the United States. The Federal Banking Regulator OCC has granted the company permission to provide services for storing digital assets and making payments under federal supervision. This lice…
Read →The European Union has formed a specialized working group to counter the circumvention of anti-Russian sanctions through the use of cryptocurrencies
For 12 months, the organization will monitor suspicious transactions, giving priority to Russian cryptographic networks, in particular the A7 network and the associated A7A5 token.
Read →