EBA designates Circle’s USDC as the EU’s first ‘significant’ e-money token
The EBA classified Circle’s USDC as the EU’s first "significant" e-money token, with new supervisory responsibilities beginning Nov. 12.
Key Takeaways
- The EBA classified Circle’s USDC as the EU’s first "significant" e-money token, with new supervisory responsibilities beginning Nov.
- Read the full article for additional context and details.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from The Block. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3
Under pressure Ledger unveils plan to turn its crypto hardware wallet into a smartphone
Ledger’s Atom will run apps like WhatsApp and Instragram and let users switch between smartphone functions and a protected mode for managing digital assets.
Bitcoin Tests $81,000 as Rate Hike Fears Linger After Hot Inflation Data
Odds of an October Fed hike have climbed to 29% from 18% a week ago, and analysts see Bitcoin range-bound until the picture clears.
Bitcoin Wins in Every Economic Scenario, Says Bitwise CIO Matt Hougan
Bitwise CIO Matt Hougan argues Bitcoin (BTC) will thrive regardless of economic direction. His latest CIO memo lays out three possible macro scenarios, with Bitcoin benefiting in each one meaningfully. Institutional ETF demand, sovereign adoption, and Federal…