USDC splits global reserves as EBA enforces Nov 12 handover
The EBA's designation brings dual supervision of Circle's EU issuer, while its Oct. 1 response seeks more flexible reserve requirements. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Key Takeaways
- The EBA's designation brings dual supervision of Circle's EU issuer, while its Oct.
- 1 response seeks more flexible reserve requirements.
- Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next.
Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3
Bitcoin ETFs shed $261M as XRP funds buck weekly outflow trend
Bitcoin ETFs have recorded $151 million in net outflows since Monday, after investors withdrew $681 million the previous week.
BlackRock's Fink names a U.S. recession trigger, sounds alarm over $40 trillion national debt
BlackRock's CEO says "a moratorium of some sort" on data center buildouts would put the U.S. in a recession.
Will SpaceX Be Worth $100 Trillion Within 10 Years? Musk Says Probably
Elon Musk says SpaceX will probably top $100 trillion within 10 years. His only caveat, posted on X on October 15, was a major world war. That is about 48 times the company’s $2.07 trillion market value at its October 14 close. Musk made the prediction in…