News & Analysis as of

Cryptocurrency Payment Systems European Union

Hogan Lovells

The Payments Newsletter including Digital Assets & Blockchain, April 2025

Hogan Lovells on

Key developments of interest over the last month include: the Central Bank of Somalia announcing the launch of the Somalia Instant Payment System (SIPS), the country’s first nationwide instant payments infrastructure; the...more

A&O Shearman

European Central Bank decision on non-bank payment service providers' access

A&O Shearman on

The European Central Bank (ECB) has published Decision (EU) 2025/222 relating to access by non-bank payment service providers (NB-PSPs) to Eurosystem central bank operated payment systems and central bank accounts. The EU...more

A&O Shearman

EU Final Guidance on Implementation of EU And National Sanctions

A&O Shearman on

The European Banking Authority has finalized two sets of guidelines setting common standards on the governance arrangements and the policies, procedures, and controls that financial institutions should have in place to be...more

Hogan Lovells

The Payments Newsletter including Digital Assets & Blockchain, February 2024

Hogan Lovells on

Key developments of interest over the last month include: the European Parliament’s ECON Committee adopting draft reports on the European Commission’s PSR and PSD3 legislative proposals; ESMA consulting on 'reverse...more

Hogan Lovells

Global Payments Newsletter, April 2023

Hogan Lovells on

Key developments of interest over the last month include: the UK FCA’s publication of a portfolio letter to payments and e-money firms; the U.S. Federal Reserve announcing the July 2023 launch of its FedNow Service; and...more

A&O Shearman

EU Travel Rule for Crypto-Assets Set to Apply from January 2025

A&O Shearman on

On April 20, 2023, the European Parliament announced that it had formally endorsed the draft Regulation on information accompanying transfers of funds and crypto assets (referred to here as the EU Travel Rule Regulation). The...more

BakerHostetler

New Crypto Products Launch; US Official Addresses Crypto Regulation; State Securities Regulators Target Metaverse Casino NFTs; DOJ...

BakerHostetler on

Crypto Products Launch in Debit Cards, Payment Gateways, Trading Platforms - This week, two cryptocurrency financial services and trading platforms announced partnerships with traditional financial services companies to...more

Hogan Lovells

Global Payments Newsletter, July 2022

Hogan Lovells on

Key developments of interest over the last month include: UK Financial Services and Markets Bill 2022-23 introduced to Parliament; US Treasury publishes framework for international engagement on digital assets; and European...more

Latham & Watkins LLP

Pay.UK Releases Paper on Protections in Consumer-to-Business Payments

Latham & Watkins LLP on

The paper identifies potential gaps in protections for consumers, with a focus on consumer-to-business payments via the Faster Payments System. In November, Pay.UK, the retail payments authority, released a summary paper...more

Hogan Lovells

Global Payments Newsletter, March 2020

Hogan Lovells on

Key developments of interest over the last month include: Spain: The Spanish Council of Ministers has approved a draft Bill for the Digital Transformation of the Financial System, which will create a Spanish regulatory...more

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