Forget El Salvador, Scotland Could Show Us The Future Of Money - 0 views
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John Kiff on 31 Oct 22"Surely it would be possible for Scotland to embrace the next wave of change in the technology of money (digital currency) and generate yet more innovation. The regulatory environment has been changing to encourage competition in Europe, the Scots could build on this. The European Commission's Directive on Electronic Money, the Payment Services Directives have already created the institutions - the Electronic Money Institutions (ELMI) and the Payment Institution (PI) to allow Scotland to drive innovation forward."