Global Market: ECB launches blockchain payment service, to invest in digital securities
60-Word AI Digest
The European Central Bank launched Pontes, a new service connecting its payment infrastructure with blockchain markets for euro settlements. The ECB also plans to invest a portion of its EUR 23 billion own funds in digital securities, while developing a retail digital euro targeted for a 2029 release.
Key Takeaways
- The European Central Bank launched Pontes, a new service connecting its payment infrastructure with blockchain markets for euro settlements.
- The ECB also plans to invest a portion of its EUR 23 billion own funds in digital securities, while developing a retail digital euro targeted for a 2029 release.
- Full details and original dispatch available below.
The European Central Bank launched Pontes, a new service connecting its payment infrastructure with blockchain markets for euro settlements. The ECB also plans to invest a portion of its EUR 23 billion own funds in digital securities, while developing a retail digital euro targeted for a 2029 release.
Original Publisher Attribution
This summary was curated from Economic Times.