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Brief
On 06/12/2024, the Bank of Italy issued an update regarding "Eurosystem completes tests for central bank money settlement with DLT technology". The Eurosystem successfully completed a series of tests using Distributed Ledger Technology (DLT) to regulate wholesale transactions in central bank money. This program is significant for the Eurosystem and the Bank of Italy, which played a dual role as a central bank provider of a experimental solution (TIPS Hash-Link) and supporter of Italian operators' participation.
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