In this context Europe is currently being working at full speed, by creating the Markets in Crypto Assets Regulation – MiCA. With MiCA, the European Union would create a single European regulatory framework for crypto assets. This would be an important contribution to the stability of the markets for crypto assets in particular, but also of the financial markets in Europe in general.
4 Possible answers and conclusions How should we be responding to the challenges posed by digitalisation in payments? Despite having lost momentum, initiatives like Diem reveal that there is room for improvement in payments, and that this also applies to cross-border payments, or, in short, global payments.