ECB’s Piero Cipollone Says Tokenisation Could Enable Integrated EU Digital Asset Market
European Central Bank Executive Board member Piero Cipollone states that tokenisation offers a unique chance to create a unified digital capital markets union in Europe from the outset.
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Terms & Concepts
Tokenisation: The process of converting real-world assets into digital tokens on a blockchain, enabling faster, more efficient, and secure transactions.
European Central Bank (ECB): The central bank responsible for monetary policy and financial stability in the euro area.
Digital Capital Markets Union: A concept aimed at integrating and harmonising digital asset and securities markets across the European Union.