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ECB's Piero Cipollone on Eurosystem’s Initiatives to Support Development of Tokenized Finance

Payments and financial markets are becoming increasingly digital, and central bank money must evolve accordingly, Piero Cipollone, Executive Board Member of the European Central Bank (ECB), says in an op-ed on ECB's Appia roadmap. Through initiatives such as Pontes and Appia, the Eurosystem is working with market participants to ensure that tokenized finance can rely on secure settlement in central bank money [...]