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ECB outlines vision for digital euro and tokenisation

Original: Money in the digital age: digital euro, tokenisation and the role of central banks

The European Central Bank has published a discussion of how money is evolving in the digital age, focusing on the digital euro project, the tokenisation of assets, and the continuing role of central banks in safeguarding the monetary system. The piece frames central bank money as an anchor as payments move on-chain and private digital currencies expand. It underscores the euro area's push to keep sovereign digital money relevant alongside private innovation.

Why now: Ongoing debates over the digital euro's launch and the tokenisation of finance are keeping central bank digital currency policy in the spotlight.

European Central Bankdigital euroeurozone

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