Piero Cipollone: Money in the digital age: digital euro, tokenisation and the role of central banks
What changed vs prior statement
- 01No material change in policy stance vs prior statement.
- 02Language essentially preserved across key discussions on monetary systems and central bank roles.
- 03Vote split: No vote-record change.
From the original
SPEECH Money in the digital age: digital euro, tokenisation and the role of central banks Speech by Piero Cipollone, Member of the Executive Board of the ECB, MNI Connect Webcast Frankfurt am Main, 6 October 2026 For centuries, issuing money and safeguarding its value has been at
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The desk believes that the integration of digital assets into the monetary policy framework will enhance payment efficiency and improve policy transmission. Per the full note [source], Piero Cipollone of the ECB emphasized the potential for digital currencies to streamline financial transactions and bolster monetary policy effectiveness. This perspective aligns with the growing consensus that digital assets could reshape traditional banking and finance. As we look ahead, the upcoming ECB meetings will be pivotal in assessing how these digital innovations are incorporated into broader monetary strategies.
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