ECB Launches Pontes for Blockchain Markets
The European Central Bank launched Pontes to link its payment system with blockchain-based financial markets. Major banks have completed onboarding to settle transactions using central bank money. The ECB will also invest a portion of its own funds in digital securities.
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The European Central Bank launched a new digital asset service on Monday morning linking its payment system to blockchain-based financial markets. The platform, named Pontes, allows banks to settle blockchain transactions using central bank euros.
