Posts tagged with "e-money"



06. January 2020
Since the catalogue of financial instruments in the German Banking Act was expanded by the introduction of crypto assets, the question arises if blockchain-based e-money units qualify as crypto assets at the same time. If so, e-money tokens would not only be payment units but also financial instruments and therefore could trigger authorization obligations according to the German Banking Act.

07. October 2019
The global, political protest against the planned stablecoin Libra is growing and governments are threatening with prohibiting the project even before its start. But is a prohibition of stablecoins in Europe even legally possible?

18. March 2019
Who may issue blockchain based e-money and what other services are included in an e-money license?

25. February 2019
Can e-money be issued on a blockchain? And is it possible that in individual cases, blockchain coins or tokens must be qualified as e-money in the sense of the European E-Money directive 2009/110/EC? A topic rarely discussed so far but with great potential for disruptive payment business models.