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ECB outlines three models for putting central bank money onchain

The European Central Bank has set out three possible models for putting central bank money onchain, according to reports by Cryptonews.net and The Block. The move relates to the ECB's ongoing work on a digital euro and how blockchain-based settlement could interact with central bank money. Details of the models' technical design and timeline were not provided in the available reports, but the announcement adds to growing institutional interest in tokenised finance.

Why now: Central banks moving money onto blockchain infrastructure is a significant development for the future of digital payments and crypto markets.

European Central Bankdigital euroThe Block

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• 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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