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Reuters News source @reuters.com · London 🇬🇧· 2h ·

A senior Bank of Italy official emphasized the need for the European Union to consider a tokenized payment system to keep pace with technological advancements, while also highlighting that the essence of money remains rooted in trust and the credibility of institutions behind it. #DigitalCurrency #FinancialInnovation #PaymentSystems #IT #EU #ECB

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Bank of Italy says EU should consider tokenised SEPA payments
MILAN, May 4 (Reuters) - The European Union should evaluate working on a tokenised version of its payments system to help it keep up with technology changes, a senior Bank of Italy official said on Monday.