✉news BusinessBanking first seen 10 h ago, last 10 h ago, peak #21
ECB Board Member Makes Case for Central Banks Going On-Chain
Original: ECB Board Member Argues Why Central Banks Need to Be On-Chain
A European Central Bank board member has argued that central banks should move onto blockchain-based infrastructure, saying distributed ledger technology offers benefits for issuing and settling central bank money. The remarks add to an ongoing debate in Europe over digital euro plans and how far the eurozone's monetary authorities should embrace tokenised financial markets, with policymakers split on the pace of adoption.
Why now: Ongoing ECB work on a digital euro and tokenisation of financial markets keeps officials' comments on blockchain adoption in the spotlight.
Evidence
- ECB Board Member Argues Why Central Banks Need to Be On-Chain · Cryptonews.net
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