EUROPEAN CENTRAL BANK EXPLORES USING DIGITAL LEDGERS TO SETTLE TRANSACTIONS IN CENTRAL BANK MONEY

Summary from the TLDR Crypto newsletter

The European Central Bank (ECB) is exploring a digital ledger-based settlement system for central bank money, aiming to improve financial market efficiency while maintaining stability. This initiative includes a two-track plan: developing a settlement platform and enabling central bank money use in digital asset transactions, especially for foreign exchange and cross-border payments.