cryptohunter
Active member
- PPF Points
- 2,738
The correlation between electronic money institutions and central banks differs across jurisdictions. In certain instances, EMIs function autonomously under the oversight of financial authorities. Alternatively, central banks may directly supervise or cooperate with EMIs to ensure adherence to monetary policies and financial regulations. Central banks have the authority to establish reserve requirements, issue directives, or extend emergency liquidity assistance. The specifics of this association are contingent upon the regulatory framework and policies implemented in each jurisdiction.
