✉news BusinessBanking first seen 2 d ago, last 16 h ago, peak #3
ECB outlines three models for putting central bank money onchain
The European Central Bank has set out three possible models for placing central bank money on blockchain-based systems. The proposals cover different ways of settling commercial bank money and central bank reserves onchain, as the institution weighs how euro payment infrastructure could adopt distributed ledger technology. The move marks a concrete step in the eurozone's exploration of tokenised settlement and will feed into ongoing debate about the future of European financial market infrastructure.
Why now: The ECB publishing concrete options for onchain central bank money signals potential major changes to euro payment and settlement systems, drawing attention from banking and crypto circles.
European Central Bankeurozoneblockchain
Evidence
- ECB outlines three models for putting central bank money onchain · Cryptonews.net
- ECB outlines three models for putting central bank money onchain · The Block
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