Tagged: eurosystem

European Central Bank Teams Up with Tech Firms Almaviva and Fabrick to Develop Digital Euro App

The digital euro, which is to be issued and backed by the Eurosystem, will  aim to complement cash, improve financial inclusion, and focus on strengthening European monetary sovereignty. The Eurosystem is the official monetary authority of the eurozone, which is described as the collective of… Read More

BNP Paribas Announces Participation in Eurosystem Trials of Wholesale Settlement DLT Solution

BNP Paribas participated in Eurosystem trials of wholesale settlement DLT solution Eurosystem accelerates innovation and experiments wholesale settlement solutions for DLT transactions with BNP Paribas. BNP Paribas claims that it is at the forefront of financial innovation, testing all three solutions in the Eurosystem’s wholesale… Read More

Eurosystem Collateral Management System Set to Go Live in Mid-June 2025

EU coins money Europe

The Eurosystem collateral management system is expected to officially launch on 16 June 2025. The new Eurosystem Collateral Management System (ECMS) will launch on a date set by the ECB’s Governing Council in order to provide sufficient time for national central banks of the euro… Read More

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