✉news BusinessBanking first seen 3 d ago, last 2 d ago, peak #21
ECB Outlines Three Models for Bringing Central Bank Money On-Chain
The European Central Bank has set out three possible models for making central bank money available on blockchain networks, a step aimed at connecting euro settlement with tokenised markets. The proposals form part of the ECB's ongoing work on digital euro and wholesale settlement options, and are drawing attention from banks, crypto firms and payment providers watching how Europe plans to bridge traditional money with distributed ledger technology.
Why now: Central banks moving onto blockchain is a major development for crypto and banking, so the ECB's concrete models are attracting wide attention.
European Central Bankeurodigital euro
Evidence
- ECB Outlines Three Models for Bringing Central Bank Money On-Chain · en.bloomingbit.io
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