✉news BusinessBanking first seen 23 h ago, last 1 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, an area it has been exploring through work on a digital euro and wholesale settlement. The move signals the bank is weighing how tokenised forms of central bank money could support financial markets. Details of the models and their implications are still being digested by markets.
Why now: Central banks exploring onchain money has direct implications for crypto, banking and payments, drawing wide attention.
European Central Bankdigital euroThe Block
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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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