Blog
Digital Euro: ECB Approach
On June 28, 2023, the European Commission proposed the digital euro, a crucial step for the euro monetary system in adapting to digital progress. The digital euro will be equivalent to cash, accepted as legal tender with few exceptions.
Digital Euro: Privacy Measures
The European Commission proposes a digital euro framework, issued by the ECB. It complements physical cash, with privacy measures, legal status, AML/CTF provisions, distribution, stability considerations, and international guidelines.
MiCA Regulation: DeFi Financial Risks
The AFME pushes for DeFi inclusion in MiCA legislation to manage risks, ensure stability, and foster innovation. They urge regulation of DeFi activities, legal status for DAOs, algorithmic trading rules, audits, and protocol disclosures. Excluding DeFi may pose financial stability risks.
Crypto Regulation: Global Approach
The global cryptocurrency regulatory landscape is evolving. The US tightens controls on major exchanges, while Europe supports digital assets with new legislation. Japan and Dubai attract crypto companies as hubs, advocating relaxed rules.
EU Crypto Regulation: Payment Digitalisation
A recent proposal by the European Parliament sparks debate on cryptocurrency's future amid evolving monetary policies. It addresses euro banknotes and coins, ensuring their presence amidst declining cash payments and ATM networks.