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ECB's Cipollone warns of fragmented tokenisation market without digital euro

NewsFeeds update

ECB Executive Board member Piero Cipollone said the absence of a European digital payment instrument could raise fragmentation risk across tokenisation platforms and weaken Europe's monetary sovereignty, saying a digital euro should be exchangeable between banks and usable…

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Read the original on CoinNess

The story so far: ECB digital euro push

The ECB plans to issue the digital euro in the second half of 2029, usable at all euro-area online shops, some retailers and for person-to-person transfers. Cipollone now says a 12-month pilot with 36 service providers starts in the second half of 2027.

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  1. ECB's Cipollone says digital euro will boost European banks' competitiveness

  2. ECB's Cipollone warns of fragmented tokenisation market without digital euro

  3. ECB plans digital euro launch in 2029 covering online shops, some stores and transfers

  4. ECB's Cipollone says digital euro pilot to start in second half of 2027

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Every Stablecoins update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.