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EU Council Adopts Regulation on Instant Payments

Friday, March 1, 2024   (0 Comments)
Posted by: Sierra Lindemann
The EU Council has adopted a regulation facilitating instant payments in euros for consumers and businesses in the EU and EEA countries. This move aims to enhance the strategic autonomy of the European economic and financial sector by reducing reliance on third-country financial institutions, providing advantages for citizens and companies and enabling innovative value-added services.

 

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