Completing the banking union with confidence-building measures Instead of finalising the banking union to reap all its benefits, we have come to what seems to be a fork in the road, with some saying we should focus primarily on risk reduction, while others are emphasising the importance of risk sharing.
And in this context, the Central Bank is supportive of the European Commission’s work on advancing an EU framework for markets in crypto-assets and welcomes the development of a more harmonised approach to crypto-assets.22  Digital Euro  Let me now turn to the topical subject of central bank digital currencies, or in the case of the Eurosystem, the digital euro.