ECB says stablecoins, tokenized deposits need central bank money to scale

Cointelegraph.com NewsECB Executive Board member Piero Cipollone said private digital money cannot scale Europe’s tokenized markets on its own, pointing to Pontes and broader legal reform as next steps. 

​ECB Executive Board member Piero Cipollone said private digital money cannot scale Europe’s tokenized markets on its own, pointing to Pontes and broader legal reform as next steps.