Key Highlights A dedicated working group is formulating technical and market standards to enable cross-platform custody and settlement of tokenized securities across distributed ledger technology (DLT) networks and legacy financial systems. Operating under a formal mandate, the group aims to deliver its initial framework of standards by early 2028 in direct support of Appia, the ...
Key Highlights The European Central Bank selected 36 payment service providers to trial a beta digital euro across 19 national central banks for online and offline payments. Wholesale settlement efforts are advancing alongside retail testing following the September 21 launch of Pontes and the ongoing development of the Appia initiative. A formal public rollout depends ...
Key Highlights The European Central Bank officially launched the Pontes system on September 21, enabling EU banks to settle transactions using a digital euro and blockchain technology, with a full digital euro pilot targeted for mid-2027. Axology has deployed a private network built on open-source XRP Ledger code that connects to Pontes, allowing tokenized securities ...