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EDFA NEWSLETTER | October 2026

October took EDFA to Bratislava, Madrid and Amsterdam. In November, we host our high-level policy roundtable at the European Parliament on building a true Single Market for digital finance and fintech.



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EDFA in Action

 
Single Market for Digital Finance and Fintech, 10 November
 

🇧🇪 EDFA EVENT: Single Market for Digital Finance and Fintech | European Parliament, Brussels, 10 November

EDFA invites you to a high-level policy roundtable on building a true Single Market for digital finance and fintech, hosted at the European Parliament under the auspices of MEP Ondřej Krutílek (ECR). Policymakers from the European Parliament and the European Commission will join industry representatives to discuss EU Inc. and the 28th Regime, and financial literacy. 15:00 to 17:00, followed by a networking cocktail.

🔗 Learn more · Register

 

🇵🇱 EDFA in Warsaw | Supervisory Board and Warsaw Finance Week | 3 to 5 November

Next week, EDFA's Supervisory Board meets in Warsaw on 3 November, hosted by our member FinTech Poland. Will you be in Warsaw? We would be glad to meet you there: simply reply to this email or contact [email protected].

🔗 Warsaw Finance Week programme

 

🇸🇰 EDFA at Finweek Bratislava | 14 October
At the 10th edition of Finweek Bratislava, EDFA Chair Alessandra Guion joined a CEE Fintech Forum panel on how Central and Eastern European fintechs can scale across borders, alongside our members FinTech Poland and the Hungarian Fintech Association. Her message: one market on paper, 27 in practice. Her quick fix: a single EU list of complaint contact points, with a case number and a response time in each country.
👉
Read more

 

🇪🇸 EDFA at the World FinTech Forum | Madrid, October

EDFA Chair Alessandra Guion took Europe's case to the World FinTech Forum in Madrid, sharing the stage with Segun Aina of the Africa Fintech Network and Diego Perez of FinTech IberoAmérica, moderated by Luis Javier Sanchez Mulligan. Her message: Europe has the rules, and now we need to make them simpler, make them work across borders, and put European capital behind European innovators. Our thanks to Rodrigo Garcia de la Cruz and the Global Fintech Alliance for bringing the regions together.

 👉 Read more

 

🇳🇱 Media partner of the Amsterdam Fintech Event | 7 and 8 October
EDFA was a media partner of the Amsterdam Fintech Event, organised by our member Holland Fintech, with a ticket discount for our community.

 👉Read more

 

🇳🇱 Knowledge partner of the CB+DC Conference | Amsterdam, 27 to 29 October

EDFA was a knowledge partner of the CB+DC Conference, a global forum on central bank digital currencies, stablecoins and tokenised assets, bringing together central bankers, regulators, financial institutions and payment innovators.

 👉Read more

 

👋 Welcome to Kara Schneider

Kara has joined the EDFA Secretariat in Brussels as Policy & Programmes Trainee, supporting our communications, events and policy work. You can reach her at [email protected].

👉 Read more

 

 

Brussels Policy Watch

 

EDFA encourages members and ecosystem stakeholders to engage with the items below, particularly on issues affecting digital finance competitiveness and cross-border market integration.



ESMA | Opinion on non-compliant stablecoins

Supervisory guidance | 8 October 2026

ESMA states that crypto-asset service providers should not provide crypto-asset services in relation to asset-referenced or e-money tokens that are not compliant with MiCA. Firms should remediate any remaining exposure within three months, by 8 January 2027.

🔗 ESMA Opinion

 

EBA | USDC becomes the first significant e-money token

Supervisory decision | 14 October 2026

The EBA has classified USDC, issued in the EU by Circle Internet Financial Europe SAS, as the first significant e-money token under MiCA, out of 45 notified in the EU. From 12 November 2026, USDC will be subject to dual supervision by the EBA and the French ACPR.

🔗 EBA press release

 

PSD3 and PSR | Council sets out its first reading positions

Legislative milestone | 21 October 2026

On 21 October, the Council published its first reading positions on the third Payment Services Directive (PSD3) and the Payment Services Regulation (PSR), reflecting the provisional agreement reached with the European Parliament in November 2025. Once the Council formally adopts its positions, the texts go to the Parliament for its second reading, the final step before publication in the Official Journal.

🔗 Council position on PSR · Council position on PSD3

 

EU Inc | Council adopts its position on the 28th regime

Legislative milestone | 23 October 2026

The Council adopted its negotiating position on EU Inc, the new optional EU corporate legal framework for startups and scaleups. Companies choosing it could register online within two days at a maximum cost of €100 and operate across the single market. The Council keeps the EU employee stock option plan, limited to small mid caps, and gives member states 21 months to implement the regulation. Negotiations with the European Parliament can start once it adopts its own position.

🔗 Council press release

 

Capital markets | Council agrees its position on market integration and supervision

Legislative milestone | 9 October 2026

The Council agreed the key elements of its negotiating position on the market integration and supervision package (MISP). Supervision of the most significant cross-border trading venues, central securities depositories and central counterparties would move to ESMA. Only the most significant cross-border crypto asset service providers would come under direct ESMA supervision, rather than all providers as the Commission proposed. The Council also broadens the activity that can go through the DLT Pilot Regime.

🔗 Council press release

 

Digital omnibus | Council agrees its position on data protection, privacy and cyber reporting

Legislative milestone | 21 October 2026

The Council agreed its negotiating position on the digital omnibus, which simplifies parts of the GDPR, updates cookie rules to reduce consent banners, and creates a national entry point in each member state for reporting cyber and data incidents under different EU laws. It also backs the Commission's proposal to extend the deadline for notifying personal data breaches.

🔗 Council press release

 

ESMA | Carlo Comporti appointed Chair

Appointment | 9 October 2026

The Council appointed Carlo Comporti, currently a commissioner at Italy's CONSOB, as Chair of ESMA for a five-year term. He takes up the role on 1 November 2026.

🔗 Council press release

 

 

Industry Insights
in collaboration with:

 
 

A selection of analyses on developments shaping European digital finance, from our partner Contextual Solutions.



The Stablecoin Paradox: Borderless Payments, Fragmented Regulation

Stablecoins can move across borders almost instantly, but their reserves, redemption rights and regulatory protections remain tied to national legal systems. Drawing on recent work by ESMA and the Financial Stability Board, the analysis explains why regulatory fragmentation could slow stablecoin adoption, and what that means for banks, fintechs and payment providers.

🔗 Read the analysis

 

When Technology Fails: What a Week of Cybersecurity Incidents Reveals About Business Continuity

From a cloud outage at Revolut to unauthorised AI agents in US banks, a series of recent incidents shows how exposed financial services are to their technology dependencies. The piece makes the case for stronger contingency planning and for treating operational resilience as a matter of customer trust.

🔗 Read the analysis

 

 

News From Our Community

 

🇺🇦 Ukrainian Association of FinTech | Cooperation with the Deposit Guarantee Fund

The Ukrainian Association of FinTech signed a memorandum of cooperation with Ukraine's Deposit Guarantee Fund covering joint events and analytics.

👉 Read more

 

🇫🇷 France FinTech | French FinTech Weeks | 29 September to 16 October

France FinTech, the ACPR and the AMF held the sixth edition of the French FinTech Weeks, bringing fintechs together with French supervisors.

👉 Read more

 

🇷🇴 Romanian Fintech Association | Cooperation agreement with the National Bank of Romania

RoFintech and the National Bank of Romania have signed a four-year cooperation agreement to promote responsible digitalisation and innovation in payment services, setting a framework for cooperation on open banking, payment services and financial regulation.

👉 Read more

 

🇷🇴 Romanian Fintech Association | Membership opens to Moldovan fintechs

RoFintech now welcomes fintech companies from the Republic of Moldova as associate members, with voting rights and access to its initiatives, events and cross-border partnerships.

👉 Read more

 

🇧🇬 Bulgarian Fintech Association | Overview of the digital euro pilot

The Bulgarian Fintech Association has published a short overview of the upcoming digital euro pilot project and what it means for the market.

👉 Read more

 

Upcoming Events

 

EDFA is proud to be part of these selected events, driving industry collaboration. To access exclusive EDFA member benefits and discounts for these and other upcoming engagements, please contact your local EDFA member association.

 

🇭🇺 MEMBER EVENT: Budapest Fintech Week | Budapest, 1 to 4 December
The Hungarian Fintech Association's international conference covers regulatory trends, dialogue with supervisors and bank and fintech partnerships, connecting European ecosystems with the Middle East and Southeast Asia.
🔗
Learn more

 

🇱🇻 MEMBER EVENT: Fintech Pulse 2026 | Riga, 27 November

Fintech Latvija presents Fintech Pulse 2026, its annual report on Latvia's financial technology sector, with the latest data on a year in which Latvijas Banka has issued more than 20 fintech licences.

🔗 Learn more

 

🇧🇪 MEMBER EVENT: Digital Finance Summit | Brussels, 3 December
FinTech Belgium hosts the 11th edition of the Digital Finance Summit in Brussels on 3 December under the theme "Building Digital Finance for the Intelligent Economy". EDFA is a media partner, and our community can claim 30% off tickets with the code FTBE_MED26_EDFA. Fintechs can also apply for the EU Pitch Battle, held at the summit.
🔗
Tickets and details · Apply for the EU Pitch Battle


 

Stay Connected & Get Involved!
Want to contribute, host, or participate? Reach out to us!



Thank you for your engagement and contributions to our community. We look forward to your continued participation and to sharing more updates in our next edition.



Warm regards,

The EDFA Executive Committee

 

 
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