Bank of Italy calls for EU to explore tokenized SEPA payments
The Block
Bank of Italy Deputy Governor Chiara Scotti suggests the EU should investigate tokenizing the existing SEPA payment framework to modernize monetary systems.Summary
Chiara Scotti, Deputy Governor of the Bank of Italy, has proposed that the European Union should consider a tokenized extension of the Single Euro Payments Area (SEPA). By leveraging the existing scale and interoperability of the SEPA framework, European authorities could better adapt traditional two-tier monetary systems to new technological environments. Scotti emphasizes that while work on the digital euro is highly advanced, broader implications for other assets like stablecoins and tokenized deposits remain less clear.
(Source：The Block)