Clearstream, the central securities depository subsidiary of Deutsche Börse Group, is taking part in tokenized security trials using a digital euro with real money behind it.
The Deutsche Börse subsidiary is the only central securities depository taking part in the first phase of digital euro preparations.
Clearstream, which operates the D7 post-trade platform, is the only central securities depository participating in the first phase of ECB “preparatory” trials. It, in turn, runs a German CSD, the LuxCSD in Luxembourg and an international CSD. Clearstream’s head of issuer services and new digital markets, Jens Hachmeister,
Clearstream worked with Google Cloud to expand D7’s capacities. It will test the use of distributed ledger technology for wholesale transactions with tokenized securities and link to three European central bank products: Deutsche Bundesbank’s Trigger Solution, Banca d’Italia’s TIPS Hash-link and Banque de France’s Full DLT Interoperability.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
ECB’s Muller: We're closer to point where ECB can start cutting ratesEuropean Central Bank (ECB) policymaker Madis Muller said on Tuesday that “we're closer to a point where ECB can start cutting rates.” Additional quotes Data may confirm inflation trend for ECB’s June meeting.
Read more »
SWIFT declares second sandbox connector tests a success for CBDC and moreThe SWIFT international bank messaging network has concluded sandbox testing of its cross-network connector and plans to continue developing it.
Read more »
Push for anti-CBDC bill could derail stablecoin bill support, says TD CowenHouse Republicans' push for an anti-CBDC bill could disrupt bipartisan support for a stablecoin bill, according to investment bank TD Cowen.
Read more »
EUR/GBP rebounds from 0.8530 despite hopes that BoE to reduce rate cuts later than ECBThe EUR/GBP pair bounces back strongly from 0.8530 in the European session on Friday.
Read more »
EUR/USD Stumbles as ECB Official Calls for Two Rate Cuts Before the SummerWell-known dove, Yannis Stournaras called for not one, but two rate cuts before the summer break, contrasting with the overall ECB stance to follow the Fed
Read more »
ECB provides itself with more flexibilityThe ECB has completed the review of the operational framework for implementing monetary policy announced at the end of 2022 and publicized a number of changes, but also the retention of some parameters.
Read more »