The European Commission issued two legislative proposals aimed at (i) ensuring citizens and businesses can continue use of euro banknotes and coins and (ii) establishing a legal framework for a possible "digital form of the euro that the European Central Bank may issue in the future, as a complement to cash."
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In an op-ed in The Wall Street Journal, CFTC Chair Heath Tarbert and European Commission Executive Vice President Valdis Dombrovskis described recent action on regulation and supervision of DCOs.
The European Securities and Markets Authority updated its list of recognized central counterparties based in non-EU countries. The list now includes the Chicago Mercantile Exchange Group clearinghouse.