By Aliyu Pokima Key highlights: The ECB says central banks need to move onchain as tokenized finance expands. The apex bank is exploring blockchain-based settlement through projects including Pontes and Appia. Tokenization is tipped to balloon into a multi-trillion-dollar sector by the end of the decade. The European Central Bank (ECB) is urging central banks […]
Tag: ECB
By Afe Funbi Key highlights: The XRP price is testing $1.58, with $2.40 marking the first major resistance Crypto analyst chart projects targets at $5, $15 and $21.50 if the phase pattern plays out Axiology is one of four DLT operators selected for the ECB’s Pontes system XRP is at an interesting point after analysts […]
By Hassan Shittu Key highlights: Tether declined to seek a MiCA license primarily due to the rule requiring major stablecoin issuers to hold 60% of reserves in bank deposits The ECB now wants the rule removed because large bank deposit requirements create two-way systemic risk, as stablecoin redemptions could force sudden bank withdrawals Tether’s options […]