MedTOWN Legal framework for the use of Complementary Currencies (CC), Electronic Money (EM) and Payment Service Providers (PSP)

This report analyses the legal framework of the Social and Solidarity Economy (SSE) in the 6 countries participating in the MedTOWN Project (Spain, Greece, Jordan, Palestine, Portugal and Tunisia), and the various issues related to it, such as procedures, formulas or instruments that facilitate the best implementation of SSE actions, co-production of public policies, public-private partnerships, use of complementary social currencies, electronic payments,
The main issues to be addressed in the following report are as follows:
• Regulatory and legal framework related to Complementary Currencies (CC), Electronic Money (EM) and Payment Service Providers (PSP) and their ecosystem in the countries. Definition, Regulation and Purpose.
• Scope of application of the regulations in CC, MS and PSP. Territorial and subjective. Main Actors Involved. Public and Private Sector.
• Measures promoting or encouraging CCs, MS and PSPs. Other forms of currency than legal tender. Institutions that may issue legal tender and electronic money.
• Current problems. Recommendations and proposals for improvement and implementation of actions. Recommendations and proposals for the improvement and implementation of actions.
Conclusion and policy recommendations.