Kiffmeister’s #Fintech Daily Digest (20220405)

Targeted consultation on a digital euro

The European Commission (EC) is laying the groundwork for the possible introduction of a digital euro, issuing a targeted consultation aimed at collecting information on expected impacts on key industries (financial intermediation, payment services, merchants), users (consumer associations, retailers’ associations), chambers of commerce and other stakeholders in international trade. This is part of a digital euro impact assessment that will inform the development of supporting legislation and regulations. [Read more]

There’s a new way to quickly send U.S. dollars around the world with bitcoin

Lightning Labs is launching the Taro protocol, a technology that will route digital assets through the Lightning network – a payments platform built on top of bitcoin’s base layer that enables global, high volume, virtually instantaneous, and low-fee transactions on the bitcoin blockchain. However, the project is still in development mode. [Read more]

Gensler Says SEC Exploring Shared Role With CFTC Over Crypto Platforms

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler said his agency is considering how to split oversight of crypto trading platforms between the SEC and the Commodity Futures Trading Commission (CFTC), as most platforms include tokens that fit definitions of securities as well as commodities. [Read full speech]

Upcoming events I’m affiliated with:

The CBDC Think Tank is hosting several webinars over the next month:

Satoshi Capital Advisors is hosting a virtual workshop on wholesale CBDC, stablecoins and digital capital markets on May 24 (starting at 08:00 EST). [Register here with the passcode: CBDC]