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ECB Executive Board: "MICAR" defines both electronic money tokens and asset reference tokens as means of payment and exchange

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2024-07-09 08:49:13
ECB Executive Panetta: The Bank of Italy will issue a market notification in the coming days on how to implement the upcoming European Union crypto asset regulation "MICAR". "MICAR" defines both electronic money tokens (EMTs) and asset reference tokens (ARTs) as means of payment and exchange.
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