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ECB exec calls to embrace DLT, tokenization to improve Europe’s ‘fragmented’ capital markets – TON BOT

TON BOT

ECB exec calls to embrace DLT, tokenization to improve Europe’s ‘fragmented’ capital markets

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Piero Cipollone of the ECB urged Europe to adopt digital assets and distributed ledger technology (DLT) for a unified capital markets union. He highlighted how fragmentation from numerous exchanges hinders efficiency and called for harmonized regulations, emphasizing tokenization’s potential to enhance liquidity, reduce costs, and transform financial systems.

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