POPA ReconBank of Italy Calls to Explore Tokenized SEPA Payments Framework
Bank of Italy Calls to Explore Tokenized SEPA Payments Framework A senior official at the Bank of Italy called on the European Union to explore a tokenized extension of SEPA, aiming to modernize existing payment infrastructure. Deputy Governor Chiara Scotti highlighted tokenization as an increasingly relevant direction for Europe’s financial system. SEPA already processes massive volumes, with non-cash transactions reaching €116 trillion in H1 2025 (+2.9% YoY), according to the European Central Bank. A tokenized layer could enhance interoperability and adapt the traditional two-tier monetar…
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