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Europe steaming ahead on open finance, payments, and the digital euro

Representation of a digital euro
Photo: Getty Images

European Commission proposals for revised payment services, an e-money regime, a new data sharing regime and digital euro examined.

On June 28, 2023 – dubbed “Super Wednesday” – the European Commission published its proposal for a revised payment services and e-money regime; a new data sharing regime which will form Europe’s open finance framework and aid in the launch of the digital euro.

The changes to the payments and e-money regime are an

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