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...
European Commission unveils consultation on Digital Finance On April 3rd, the European Commission unveils a new public consultation on a Digital Finance, which will feed input into the EU new Digital Finance Strategy planned for Q3 2020. It is crucial that Europe grasps all the potential of digital age across the economy, including in the financial sector. As set out in the Commission work programme, given the broad and fundamental nature of the challenges ahead for the financial sector, the...