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The introduction of a central bank digital currency aims to strengthen Europe’s strategic autonomy and economic efficiency, foster the development of pan-European payments solutions and decrease costs for both merchants and consumers, Denis Beau, first deputy governor of the Banque de France told Delano.
Making the European Central Bank accessible to payment companies other than traditional banks would allow users to redeem their stablecoins directly for cash.
January 30, 2023- The U.S. House of Representatives passed several pieces of bipartisan financial services legislation. Among the bipartisan bills passed are initiatives to.