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ECB eyes blockchain-based payment settlement layer

By Gino Matos at 2025-02-21 13:34

Sentiment: Positive

The European Central Bank (ECB) is working to establish a blockchain-based payment system that will allow financial institutions to settle transactions using central bank money, Bloomberg News reported on Feb. 20. ECB executive board member Piero Cipollone said the project is a step toward improving financial market efficiency through innovation. Phased approach The project will […] The post ECB eyes blockchain-based payment settlement layer appeared first on CryptoSlate. Continue reading...

Categories: Banking

Tags: #Banking #Crypto #Featured #Technology

Source CryptoSlate