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The European Central Bank has officially launched its wholesale infrastructure based on central bank digital money, marking a fundamental milestone in the integration of blockchain technology with the traditional financial system. The Pontes system allows eurozone financial institutions to settle transactions of tokenized assets using central bank digital money.
This launch is strictly focused on wholesale financial markets, distinguishing it from the retail digital euro project for citizens, which is still in development. The system initially operates with time restrictions, but the ECB plans to expand its operation to 24/7 continuously over the coming years.
#BCE #Tokenization #EEUU #TRUMP #EuropeanCentralBank $MSFTB $AAPLB $AMZNB
The European Central Bank has officially launched its wholesale infrastructure based on central bank digital money, marking a fundamental milestone in the integration of blockchain technology with the traditional financial system. The Pontes system allows eurozone financial institutions to settle transactions of tokenized assets using central bank digital money.
This launch is strictly focused on wholesale financial markets, distinguishing it from the retail digital euro project for citizens, which is still in development. The system initially operates with time restrictions, but the ECB plans to expand its operation to 24/7 continuously over the coming years.
#BCE #Tokenization #EEUU #TRUMP #EuropeanCentralBank $MSFTB $AAPLB $AMZNB
