European Central Bank to Explore Distributed Ledger Technology for Financial Market Settlement in 2024

06/29 10:45

June 29 (Huobi) - The European Central Bank (ECB) has announced plans to begin exploratory work on financial market settlement using distributed ledger technology (DLT) in 2024. The aim is to find ways to settle transactions between financial institutions for securities or foreign exchange, while also developing a retail central bank digital currency (CBDC) called the digital euro.
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