Michael J. Cyrus, Head of Short Term Products, Equity Finance & FX at DekaBank, outlines his views on digital money in Europe. The text solely reflects the author’s opinion and not that of DekaBank. Please read the disclaimer.
In an era where digital money evolves faster than regulation, Europe may find itself at a strategic crossroads.
The European Central Bank announced that the long-anticipated DLT settlement pilot is coming in Q3 2026 at the earliest.
The Bundesbank successfully completed its first productive trials back in 2021. At that time, it was a truly innovative solution enabling existing payment rails for the settlement of DLT transactions.
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