Bank for International Settlements

Piero Cipollone: Money in the digital age — digital euro, tokenisation and the role of central banks

ECB Executive Board member Cipollone set out the digital euro for retail and central-bank-money settlement of tokenised transactions via Pontes and Appia. (Also republished by the BIS as a central bankers’ speech.)

European Central Bank

BIS: Project Agorá shows tokenisation can improve wholesale cross-border payments; moving to real-value testing

The BIS said the Project Agorá prototype showed atomic settlement of wholesale cross-border transactions using tokenised central bank reserves and tokenised commercial bank deposits, and that work will advance to real-value testing. It noted tokenisation does not alter the legal characterisation of reserves or deposits.

Bank for International Settlements