The European Central Bank will start exploratory work for financial market settlement based on distributed ledger technology (DLT) starting in 2024, according to minutes published Thursday. The central bank is looking at how it can innovate in settling transactions between financial institutions for securities or foreign exchange, while also developing plans for a retail central bank digital currency (CBDC), the digital euro, that could be used by EU citizens. The explorations will be “limited in capacity and time,” and take place on the basis of existing rules – including a new pilot regulation passed by the EU last year.
Check out the hashd app. It gives you important crypto news and updates in short, simple and easy to read slides. Amazing!
Android: https://links.hashd.co/android
Comments