{"id":139121,"date":"2024-10-08T21:00:11","date_gmt":"2024-10-08T18:00:11","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=139121"},"modified":"2024-10-08T15:52:23","modified_gmt":"2024-10-08T12:52:23","slug":"european-central-bank-unveils-ambitious-blockchain-plan","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/european-central-bank-unveils-ambitious-blockchain-plan\/","title":{"rendered":"European Central Bank Unveils Ambitious Blockchain Plan"},"content":{"rendered":"

Reports<\/a><\/strong> indicate that the European Central Bank (ECB) is considering the development of a unified “European ledger”\u2014a comprehensive blockchain platform aimed at integrating digital assets with central bank money across Europe.<\/p>\n

Piero Cipollone, a member of the ECB’s executive board, presented this concept at a recent symposium, emphasizing the importance of establishing a cohesive digital capital markets union to address the fragmentation of financial systems and improve overall efficiency.<\/p>\n

At present, Europe\u2019s capital markets face challenges due to varying national regulations and disconnected liquidity pools. Cipollone highlighted that over 60% of EU banks are either exploring or testing distributed ledger technology (DLT), with 22% already implementing it.<\/p>\n