Ripple Labs has fortified its position as a key influencer in the digital finance world by sponsoring the Euro 2024 Digital Conference, thereby establishing strategic connections. The Digital Euro Association (DEA) has recognized Ripple Labs as the main sponsor for the #DEC24 event, placing the fintech company alongside Ernst & Young, one of the “Big 4” in global auditing.

The conference, scheduled for February 29, 2024, at the Frankfurt School of Finance & Management, will delve into various aspects of digital money, including Central Bank Digital Currencies (CBDCs), stablecoins, and commercial bank money tokens (CBMTs). The event aims to explore the future of money as economies and payment systems shift towards digital platforms.

Noteworthy speakers at the event include representatives from JP Morgan, IMF, Banque de France, BIS Innovation Hub, Central Bank of Hungary, Bank of Spain, EU Commission, and Citi Bank. The symposium is designed to cater to a broad spectrum of participants, including bankers, investors, emerging businesses, financial institutions, and professionals specializing in law, regulatory affairs, and digitization.

The DEA, functioning as a thought hub with a focus on crypto assets, stablecoins, CBDCs, and various forms of digital currency, plays a crucial role in promoting a deeper public understanding within the digital money landscape. Ripple’s active participation as a prominent member of the DEA stands as a clear affirmation of its dedication to shaping the trajectory of digital currencies for the future.

Ripple’s significant contribution to a DEA whitepaper on CBDCs and privacy was highlighted in March 2023. Furthermore, Ripple’s active participation in the National Bank of Georgia’s digital Lari pilot project was acknowledged by the DEA in November 2023. By aligning with key financial players and making substantial contributions to fundamental discussions about the future of money, Ripple solidifies its influential role in the world of digital finance today.

Readers should do their own research before taking any actions related to cryptocurrencies. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.



This News Article was automatically generated by Bob the Bot (AI)

Information Details
Geography Europe
Countries 🇫🇷 🇬🇪 🇭🇺 🇪🇸
Sentiment very positive
Relevance Score 1
People Joachim Schwerin, Tao Sun, Alexandre Stervinou, Kai Leichsenring, Anikó Szombati, Miguel Fernández Ordóñez, Anthony Ralphs, Sonja Davidovic, Basak Toprak
Companies Frankfurt School of Finance & Management, National Bank of Georgia, Ripple Labs, Digital Euro Association, Ernst & Young
Currencies Euro, digital lari
Securities None

Leave a Reply