- 24 September 2020
- Posted by: admincryptovalues_wp
- Category: Central Banks, ECB - Lagarde, Institutional Relations
COMMUNICATION : Digital Finance Proposal
The digital finance strategy sets out general lines on how Europe can support the digital transformation of finance in the coming years, while regulating its risks
“Based on broad public consultations and the Digital finance outreach, the European Commission adopted on 24 September 2020 a digital finance package, including a digital finance strategy and legislative proposals on crypto-assets and digital resilience, for a competitive EU financial sector that gives consumers access to innovative financial products, while ensuring consumer protection and financial stability.
The package supports the EU’s ambition for a recovery that embraces the digital transition.
Digital financial services can help modernise the European economy across sectors and turn Europe into a global digital player.
By making rules more digital-friendly and safe for consumers, the Commission aims to leverage synergies between high innovative start-ups and established firms in the financial sector while addressing associated risks.”
Download : Digital Finance Strategy
Source : Europea Commission