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EBA: “No Action” letter on the interplay between PSD2/3 and MiCAR

11 Jun 2025 (UPDATED: 13 Mar 2026) International 1 min read

EBA’s letter to the EC, Council and Parliament advises them to ensure that, in the long term, EU law needs to avoid a dual authorisation under two pieces of EU law for the activity of transacting electronic money tokens.  It provides detailed advice for national competent authorities on the application of PSD2 in a number of areas.



Last updated · 13 Mar 2026
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