BETA

Activities of Marlene MIZZI related to 2016/2007(INI)

Plenary speeches (1)

Virtual currencies (A8-0168/2016 - Jakob von Weizsäcker)
2016/11/22
Dossiers: 2016/2007(INI)

Amendments (4)

Amendment 5 #
Draft opinion
Paragraph 2
2. Recognises the potential benefits associated with VCs for consumers, businesses, charities and the economy at large, which include greater speed and efficiency and reduced costs in making payments and transfers, in particular across borders, and potentially promoting financial inclusion and facilitating the access to funding and financial resources for the business sector and the SMEs;
2016/03/22
Committee: IMCO
Amendment 7 #
Draft opinion
Paragraph 2 a (new)
2a. Notes also that the use of VCs and DLTs has positively contributed and facilitated micropayments for online purchases of goods;
2016/03/22
Committee: IMCO
Amendment 9 #
Draft opinion
Paragraph 2 b (new)
2b. Stresses the importance of developing an European level playing field to allow unleashing and fully developing the valuable potential of Distributed Ledger Technologies (DLT), that can be used in numerous innovative fields and in a wide range of industries and services, such as "smart contracts", crypto-equity crowdfunding and dispute mediation services, in particular in the financial and juridical sectors; moreover, encourages public bodies to evaluate the benefits and explore the possibility of applying such innovative technologies to other fields, with the scope of providing better, more rapid and more efficient services to the EU citizens;
2016/03/22
Committee: IMCO
Amendment 37 #
Draft opinion
Paragraph 7
7. Stresses the importance of consumer awareness when using VCs while noting the growing use of VC micropayments foand transparency when using VCs; calls on the Commission, after conline purchases of goods; calls on the VC industry, in cooperation with the Commission and the Member States, to develop voluntary standards and to address the opportunities and challenges of VCs for consumers with the aim ofsulting the Member States and the VC industry, to develop specific EU guidelines with the aim of guaranteeing that a correct, clear and complete information is provided for existing and future VC users, to allow them to make a fully informed choice, thus enhancing the transparency of VC schemes for consumers in terms of how they are organised and operated and how they distinguish themselves from regulated and supervised payment systems,; in terms of consumer protection, in order to allow existing and future VC users to makeparticular, underlines that the consumers and users, before using VCs, shall be informed about the high volatility and informed choicstability of their value.
2016/03/22
Committee: IMCO