The Romanian Finance Ministry has unveiled a draft Emergency Ordinance regulating the issuance of ‘e-money’ (electronic money). The draft regulation defines electronic money. The law mandates companies to possess share capital not less than €350,000 ($409,000) for the issuance of electronic money and its members are subject to the approval by the Romanian National Bank.
Romania has draft regulations for issuing electronic moneyIncryptsJul 06, 20180
Apr 17, 2019