Central bank money to remain ‘anchor’ as financial markets go digital

The Eurosystem recently unveiled the Appia roadmap, a strategic initiative aimed at shaping the development of a European tokenised financial ecosystem.

The initiative seeks to ensure that central bank money remains the anchor of the financial system as Europe undergoes rapid digital transformation.

The roadmap outlines the Eurosystem’s objectives and approach, with the project expected to conclude in 2028.

Through Appia, the Eurosystem will bring together public and private sector stakeholders...