TLDR Tech / Crypto
Bank of Italy Calls for EU to Explore Tokenized SEPA Payments
Bank of Italy Deputy Governor Chiara Scotti said the EU should develop a "tokenized extension of SEPA," arguing that Europe's existing payment framework, which processed €116 trillion in non-cash transactions in H1 2025, provides a strong foundation for tokenized infrastructure given its scale, shared standards, and interoperability. Scotti framed this as complementary to the ongoing digital euro work, noting that while stablecoins and tokenized deposits serve legitimate use cases, their broader monetary implications are "less clear."
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