ECB Expands Blockchain Payments Initiative to Strengthen European Market

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The European Central Bank (ECB) is pushing forward its efforts to integrate Distributed Ledger Technology (DLT) into the financial system by developing a settlement system for DLT-based transactions with Fiat currency.This initiative aims to improve the efficiency and innovation of European financial markets.Two-step approach to DLT integrationThe ECB's strategy includes a two-step approach to integrating DLT into its operations:1- interoperabil…

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ECB Expands DLT-Based Settlement Initiative

The European Central Bank (ECB) is expanding its program for central bank money settlements based on distributed ledger technology (DLT). The ECB Governing Council approved a two-phase approach to implementing... Сообщение ECB Expands Initiative for DLT-Based Settlements появились сначала на CoinsPaid Media.

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ECB Expands Blockchain Payments Initiative to Strengthen European Market

The European Central Bank (ECB) is pushing forward with its initiative to integrate blockchain-based transactions into the financial system, marking a significant step in Europe’s digital asset strategy. The Eurosystem, comprising the ECB and national central banks of Eurozone countries, has unveiled a two-track approach to enable settlements of distributed ledger technology (DLT)-based transactions in central bank money, according to an announc…