{"id":151162,"date":"2025-02-21T10:00:32","date_gmt":"2025-02-21T08:00:32","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=151162"},"modified":"2025-02-20T21:20:16","modified_gmt":"2025-02-20T19:20:16","slug":"ecb-moves-to-modernize-payments-with-central-bank-money-settlement","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/ecb-moves-to-modernize-payments-with-central-bank-money-settlement\/","title":{"rendered":"ECB Moves to Modernize Payments With Central Bank Money Settlement"},"content":{"rendered":"<p>The <strong><a href=\"https:\/\/www.ecb.europa.eu\/press\/pr\/date\/2025\/html\/ecb.pr250220_1~ce3286f97b.en.html\">initiative<\/a> <\/strong>follows a two-pronged approach: developing a settlement platform for transactions in central bank money and creating a long-term framework for integrating digital ledger technology into financial settlements, including foreign exchange transactions.<\/p>\n<p>The ECB aims to strengthen Europe&#8217;s digital asset market through this effort.<\/p>\n<p>&#8220;We are committed to innovation while ensuring financial stability and security,&#8221; said ECB Executive Board member Piero Cipollone, who is leading the project. He emphasized that the initiative will help streamline Europe&#8217;s financial markets and foster greater integration.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/the-most-hyped-crypto-project-pi-network-crashes-after-launch\/\" title=\"The Most Hyped Crypto Project Pi Network Crashes After Launch\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/red-markets-3-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">The Most Hyped Crypto Project Pi Network Crashes After Launch<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Europe has been at the forefront of central bank digital currency (CBDC) trials, particularly in cross-border payments. The ECB has also underscored the need for digital payment solutions\u2014such as a digital euro\u2014to compete with dollar-backed stablecoins.<\/p>\n<p>Despite these advancements, the ECB has traditionally been wary of cryptocurrencies. ECB President Christine Lagarde has dismissed Bitcoin as a treasury asset, citing concerns over its volatility and potential for illicit activities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The European Central Bank (ECB) has unveiled a strategy to modernize financial transactions by enabling settlements in central bank money.<\/p>\n","protected":false},"author":9,"featured_media":30366,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[28],"tags":[],"class_list":["post-151162","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fintech"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>ECB Moves to Modernize Payments With Central Bank Money Settlement<\/title>\n<meta name=\"description\" content=\"The European Central Bank (ECB) has unveiled a strategy to modernize financial transactions by enabling settlements in central bank money.\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ECB Moves to Modernize Payments With Central Bank Money Settlement\" \/>\n<meta property=\"og:description\" content=\"The European Central Bank (ECB) has unveiled a strategy to modernize financial transactions by enabling settlements in central bank money.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptodnes.bg\/en\/ecb-moves-to-modernize-payments-with-central-bank-money-settlement\/\" \/>\n<meta property=\"og:site_name\" content=\"Cryptodnes\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-21T08:00:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/910940AC-0AD0-4CF2-A908-D6AFB28AE3B2-scaled-e1690463982676.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"717\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Alexander Zdravkov\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Alexander Zdravkov\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/ecb-moves-to-modernize-payments-with-central-bank-money-settlement\/\",\"url\":\"https:\/\/cryptodnes.bg\/en\/ecb-moves-to-modernize-payments-with-central-bank-money-settlement\/\",\"name\":\"ECB Moves to Modernize Payments With Central Bank Money Settlement\",\"isPartOf\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/ecb-moves-to-modernize-payments-with-central-bank-money-settlement\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/ecb-moves-to-modernize-payments-with-central-bank-money-settlement\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/910940AC-0AD0-4CF2-A908-D6AFB28AE3B2-scaled-e1690463982676.jpg\",\"datePublished\":\"2025-02-21T08:00:32+00:00\",\"author\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/4ee541130c110832e7b2b9e3f8e56360\"},\"description\":\"The European Central Bank (ECB) has unveiled a strategy to modernize financial transactions by enabling settlements in central bank money.\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptodnes.bg\/en\/ecb-moves-to-modernize-payments-with-central-bank-money-settlement\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/ecb-moves-to-modernize-payments-with-central-bank-money-settlement\/#primaryimage\",\"url\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/910940AC-0AD0-4CF2-A908-D6AFB28AE3B2-scaled-e1690463982676.jpg\",\"contentUrl\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/910940AC-0AD0-4CF2-A908-D6AFB28AE3B2-scaled-e1690463982676.jpg\",\"width\":1200,\"height\":717},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#website\",\"url\":\"https:\/\/cryptodnes.bg\/en\/\",\"name\":\"Cryptodnes\",\"description\":\"Crypto News, Bitcoin Analysis and More\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cryptodnes.bg\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/4ee541130c110832e7b2b9e3f8e56360\",\"name\":\"Alexander Zdravkov\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/da5cf53a0f55d1d631dba1c627b79f07?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/da5cf53a0f55d1d631dba1c627b79f07?s=96&d=mm&r=g\",\"caption\":\"Alexander Zdravkov\"},\"url\":\"https:\/\/cryptodnes.bg\/en\/author\/alexander_zdravkov\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"ECB Moves to Modernize Payments With Central Bank Money Settlement","description":"The European Central Bank (ECB) has unveiled a strategy to modernize financial transactions by enabling settlements in central bank money.","og_locale":"en_US","og_type":"article","og_title":"ECB Moves to Modernize Payments With Central Bank Money Settlement","og_description":"The European Central Bank (ECB) has unveiled a strategy to modernize financial transactions by enabling settlements in central bank money.","og_url":"https:\/\/cryptodnes.bg\/en\/ecb-moves-to-modernize-payments-with-central-bank-money-settlement\/","og_site_name":"Cryptodnes","article_published_time":"2025-02-21T08:00:32+00:00","og_image":[{"width":1200,"height":717,"url":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/910940AC-0AD0-4CF2-A908-D6AFB28AE3B2-scaled-e1690463982676.jpg","type":"image\/jpeg"}],"author":"Alexander Zdravkov","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Alexander Zdravkov","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/cryptodnes.bg\/en\/ecb-moves-to-modernize-payments-with-central-bank-money-settlement\/","url":"https:\/\/cryptodnes.bg\/en\/ecb-moves-to-modernize-payments-with-central-bank-money-settlement\/","name":"ECB Moves to Modernize Payments With Central Bank Money Settlement","isPartOf":{"@id":"https:\/\/cryptodnes.bg\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cryptodnes.bg\/en\/ecb-moves-to-modernize-payments-with-central-bank-money-settlement\/#primaryimage"},"image":{"@id":"https:\/\/cryptodnes.bg\/en\/ecb-moves-to-modernize-payments-with-central-bank-money-settlement\/#primaryimage"},"thumbnailUrl":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/910940AC-0AD0-4CF2-A908-D6AFB28AE3B2-scaled-e1690463982676.jpg","datePublished":"2025-02-21T08:00:32+00:00","author":{"@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/4ee541130c110832e7b2b9e3f8e56360"},"description":"The European Central Bank (ECB) has unveiled a strategy to modernize financial transactions by enabling settlements in central bank money.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptodnes.bg\/en\/ecb-moves-to-modernize-payments-with-central-bank-money-settlement\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptodnes.bg\/en\/ecb-moves-to-modernize-payments-with-central-bank-money-settlement\/#primaryimage","url":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/910940AC-0AD0-4CF2-A908-D6AFB28AE3B2-scaled-e1690463982676.jpg","contentUrl":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/910940AC-0AD0-4CF2-A908-D6AFB28AE3B2-scaled-e1690463982676.jpg","width":1200,"height":717},{"@type":"WebSite","@id":"https:\/\/cryptodnes.bg\/en\/#website","url":"https:\/\/cryptodnes.bg\/en\/","name":"Cryptodnes","description":"Crypto News, Bitcoin Analysis and More","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cryptodnes.bg\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/4ee541130c110832e7b2b9e3f8e56360","name":"Alexander Zdravkov","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/da5cf53a0f55d1d631dba1c627b79f07?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/da5cf53a0f55d1d631dba1c627b79f07?s=96&d=mm&r=g","caption":"Alexander Zdravkov"},"url":"https:\/\/cryptodnes.bg\/en\/author\/alexander_zdravkov\/"}]}},"_links":{"self":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts\/151162","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/comments?post=151162"}],"version-history":[{"count":2,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts\/151162\/revisions"}],"predecessor-version":[{"id":151164,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts\/151162\/revisions\/151164"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/media\/30366"}],"wp:attachment":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/media?parent=151162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/categories?post=151162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/tags?post=151162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}