CoinsAQ summary · neutral
EU Banking Authority Labels Circle’s USDC as ‘First Significant E-Money Token‘
What happened
The second-largest stablecoin by market cap will be overseen by French and EU authorities under its classification as a “significant e-money token.“ The European Banking Authority (EBA) has classified Circle’s USDC stablecoin as a significant e-money token under the region’s.
Related asset context
Not financial advice. News and sentiment can be incomplete, delayed, or change quickly.
Continue researching
Related stories
Maple’s syrupUSDC and syrupUSDT Explained: Returns, Risks and Exits
What Maple’s syrupUSDC and syrupUSDT represent, where returns come from, and how pool redemptions differ from selling the SYRUP governance token.
$3.64B flees Binance on reopen, THORChain co-founder opposes coin freeze: Hodler’s Digest
Billions fled Binance after it reopened withdrawals but “98% chose to stay,” said CZ. THORChain co-founder strongly opposes halting the protocol to comply with FBI demands.
Cambodia’s Casino Crackdown Hasn’t Stopped $1.07 Billion in Crypto Flows
USDT on TRON accounted for 99.9% of crypto received by Sihanoukville casinos.