The commercial banks’ cash token should be an alternative to the digital euro for industry and have the character of a deposit.
This could be a win-win situation for industry and the banks – if the legal requirements are right.
KPMG Law expert Marc Pussar knows what these are.
“The atypical combination of internal and external bank characteristics makes the scriptural money token legally interesting and challenging at the same time.”
You can find the full article here.
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mpussar@kpmg-law.com
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