ECB’s Isabel Schnabel Advocates for Onchain Central-Bank Money
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ECB's Schnabel Calls For Moving Central Bank Money Onto Blockchain
BitcoinWorld ECB’s Schnabel Calls for Moving Central Bank Money onto Blockchain European Central Bank (ECB) Executive Board member Isabel Schnabel said that central bank money should be moved onto blockchain networks to modernize the financial system, according to a Bloomberg report. Speaking at the Jackson Hole economic symposium on Aug. 28, Schnabel argued that this shift would help central bank money retain its role as the […] This post ECB’s…
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Cryptocurrency News | Cryptocurrency Prices | Market CapECB’s Isabel Schnabel Advocates for Onchain Central-Bank Money
Isabel Schnabel of the ECB calls for central-bank money on blockchain, revealing plans for a new initiative. The post ECB’s Isabel Schnabel Advocates for Onchain Central-Bank Money appeared first on Coinfomania.
Key points of the news: Isabel Schnabel, of the ECB, wants to take the reserves of the central banks to a programmable infrastructure so that the tokenized assets and the final payment can be settled within the same environment. The Pontes Project will be launched in September 2026 to connect distributed records with the TARGET services, while ... Read more
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