Bank of Italy Proposes Tokenised SEPA Payments
Deputy Governor Chiara Scotti suggests a tokenised extension of SEPA to maintain monetary stability. The proposal aims to integrate digital innovation with trust.
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Italy's central bank proposed a tokenized SEPA extension on May 4 to modernize the European Union's payment infrastructure. The move aims to integrate private digital tokens with public money as innovation challenges central bank control over EUR/USD stability. Investors face a shifting landscape where programmable assets could replace traditional bank deposits and settlement systems.
