Skip to main content
institutional access

You are connecting from
Lake Geneva Public Library,
please login or register to take advantage of your institution's Ground News Plan.

Published • loading... • Updated

ECB Connects Payment System to Blockchain with Launch of Pontes Platform

Summary by Cyprus Mail
The European Central Bank launched a new service this week linking its payment system to blockchain-based financial markets and said ​it would invest some of its own money in digital ‌securities. The moves reflect a broader effort by central banks to adapt to the growing use of blockchain in finance, whereby assets are issued and […]

7 Articles

On 21 September, the Eurosystem launched the Pontes settlement service. It enables banks and other eligible financial institutions to settle tokenized bonds and other securities recorded in this way in central bank money. Pontes connects the distributed ledger systems in which these securities are recorded with the Eurosystem’s TARGET payment services.

·Vilnius, Lithuania
Read Full Article

The effects of the Pontes system, based on digital tokens (tokens) that allow the settlement of transactions using the currency of central banks, will not be immediate in Romania, but will be transmitted in time through banks, companies and trade flows connected to the euro area, says Claudiu Cazacu, consultant of the strategy XTB Romania. Europe begins to rewrite its financial architecture. [...]

Financial IntelligenceFinancial Intelligence
Reposted by
Suceava News OnlineSuceava News Online

Europe is beginning to rewrite its financial architecture. The ECB's announcement of 21 September changes blockchain technology in the official infrastructure of [...]

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 50% of the sources are Center, 50% of the sources lean Right
50% Right

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

Startup Fortune broke the news on Wednesday, September 23, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal