The EBA classifies USDC as the first significant e-money token in the European Union
The EBA has classified USDC as the EU's first significant e-money token. From 12 November 2026, the EBA and the French ACPR will share supervisory responsibilities, with the EBA overseeing own funds, reserve assets, liquidity, and recovery and redemption plans.
Related updates
EBA E-mail Alert 16 July 2026: Key Regulatory Updates
The European Banking Authority (EBA) issued its e-mail alert on 16 July 2026, summarizing recent regulatory developments. The alert covers new guidelines, consultations, and other updates relevant to compliance officers in the financial sector.
16 Jul 2026
EBA Publishes Final Report Amending RTS on Prudential Requirements for CSDs
The EBA published a Final Report proposing draft amendments to the Regulatory Technical Standards on prudential requirements for central securities depositories (CSDs) and designated credit institutions providing banking-type ancillary services. The amendments respond primarily to the CSDR 'Refit', which now allows banking CSDs to offer banking-type ancillary services to other CSDs, and are designed to prevent increased interconnectedness from raising systemic risk. The draft RTS also align references with recent changes to the Capital Requirements Regulation and the amended CSDR text.
12 Oct 2026
EBA releases final technical package for reporting and Pillar 3 release 4.4
The EBA has published the final technical package for release 4.4 (Phase 1) of its reporting and Pillar 3 disclosure framework, comprising the Data Point Model, validation rules and XBRL taxonomies. It covers amended Pillar 3 disclosures on ESG risks, equity and shadow banking exposures, new IFRS 18-aligned FINREP templates, and technical corrections. A second phase (4.4.1) covering the supervisory reporting simplification package is expected in early 2027.
12 Oct 2026