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ECB Eurosystem publishes new framework for overseeing electronic payments

On 22 November 2021, the ECB's Governing Council approved a new oversight framework for electronic payments following a public consultation. The Eurosystem oversight framework for electronic payment instruments, schemes and arrangements (PISA framework) includes an assessment methodology and an exemption policy. The PISA framework will also cover crypto-asset-related services, such as the acceptance of crypto-assets by merchants within a card...
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