EC adopts digital finance package

Released 24 September 2020

The European Commission (EC) has adopted a new digital finance package, including digital finance and retail payments strategies, and legislative proposals on crypto-assets and digital resilience.

The aim of the package is to boost Europe's competitiveness and innovation in the financial sector by providing consumers more choice and opportunities in financial services and modern payments, while at the same time ensuring consumer protection and financial stability.

Further information on the digital finance package can be found at https://ec.europa.eu/commission/presscorner/detail/en/IP_20_1684.

A questions and answers factsheet on the digital finance strategy can be found at https://ec.europa.eu/commission/presscorner/detail/en/QANDA_20_1685.

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