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The European Central Bank will launch Pontes, its distributed ledger technology settlement platform for financial institutions, on Monday, September 21, ECB President Christine Lagarde announced following a Eurogroup meeting on September 18. The platform marks a milestone in the Eurosystem's…

The European Central Bank is bringing central bank money to distributed ledger technology platforms for the first time as an operational service, with Executive Board member Piero Cipollone confirming on Wednesday that the Pontes settlement system will go live later…