Source published: November 8, 2026, at 20:07:24 (UTC+8). This historical preview reflects the announcements and scheduled events reported at that time.
Stablecoin-related items in PANews’ November 9–15 calendar included a planned transfer of USDC prudential supervision in the European Union, a redemption window for NUSD and sNUSD, and a South Korean proposal that left stablecoin-based securities settlement dependent on further legislation.
November 12: EBA scheduled to assume USDC prudential supervision
According to the European Banking Authority’s website, as cited by PANews, the EBA had classified USDC issued by Circle Internet Financial Europe SAS as a significant electronic money token under the EU’s Markets in Crypto-Assets Regulation, or MiCA. USDC was the first token to receive that classification among the 45 electronic money tokens notified under MiCA in the EU at the time.
From November 12, 2026, responsibility for prudential supervision—including own funds, reserve assets, liquidity requirements, and recovery and redemption plans—was scheduled to transfer from France’s Prudential Supervision and Resolution Authority, ACPR, to the EBA.
ACPR would retain oversight of corporate governance, qualifying holdings, outsourcing and conflicts of interest. The report also said the EBA had signed a memorandum of understanding with the New York State Department of Financial Services to strengthen cross-border stablecoin supervisory cooperation.
November 14: Expected end of Neutrl’s NUSD and sNUSD redemption window
According to Neutrl’s announcement, NUSD and sNUSD holders could submit redemption requests through the Neutrl Redemption Portal. The program offered fixed redemption rates based on previously disclosed liquidity reserves, with users receiving USDC and the redeemed NUSD or sNUSD being burned.
The source did not specify the numerical redemption rates. It said the portal would display the redemption details before submission. Holders were required to connect the wallet holding their tokens and sign an on-chain message to verify ownership.
The program was expected to remain open until November 14, 2026. Neutrl said the relevant contracts had undergone a third-party security audit and advised users to use only its official redemption portal and read the terms before submitting a request.
November 11: South Korean consultation distinguishes cash settlement from stablecoin delivery
South Korea’s Financial Services Commission had set November 11 as the consultation deadline for amendments supporting securities tokenization under the Electronic Securities Act and Capital Markets Act. Implementation was planned to align with the laws taking effect on February 4, 2027.
The proposals would extend tokenization to traditional securities, including stocks, bonds and funds, through a phased rollout. The initial phase was intended to cover private money market funds restricted to institutional investors, private bonds, trust-based unlisted shares and publicly offered fractional-investment securities. Publicly offered bonds and funds for retail investors would follow after an assessment of early market operations and demand.
For settlement, the initial framework would continue using the Korea Securities Depository’s existing cash settlement system. On-chain securities delivery using stablecoins would have to await further legislation.
November 9: Mercado Bitcoin planned a phased reopening
Brazilian crypto exchange Mercado Bitcoin said on X that it planned to begin restoring its platform in stages from November 9. Website access would return first, allowing users to view balances, statements, assets and investments. Transfers, withdrawals and trading would reopen as individual modules passed final security checks.
The exchange said customers would not suffer asset losses and that it would use its own funds to compensate for assets involved in the incident. It also said that cooperation with Tether, Circle, Paxos, BRL1, Chainalysis and crypto-community experts had helped freeze more than $15 million in related assets, up from the $12.9 million it had previously reported. These were the exchange’s statements; the source did not provide an independent verification of the amounts.