Patrick Hansen, Director of E.U. Strategy and Policy at Circle, said the planned review of E.U.’s payment rules would significantly benefit stablecoins, granting issuers access to the central bank payment systems, according to a Sept. 19 post on X (formerly Twitter).
The proposed review
The proposals to review E.U. Payment rules were first published on June 28 as the Third Payment Services Directive (PSD3) and a Payment Services Regulation (PSR). The proposal looks to regulate electronic payments and the banking ecosystem in the European Union’s single market.
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