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. Tokenized deposits and stablecoins need tokenized central bank money as a public settlement anchor if Europe’s tokenized financial markets are to scale, Piero Cipollone, a member of the European Central Bank’s Executive Board, said on Monday. Cipollone pointed to Pontes, the Eurosystem’s distributed ledger technology (DLT) settlement initiative, which is designed to connect market DLT platforms with the Eurosystem’s TARGET Services and provide settlement in central bank money. “Without tokenised central bank money, a seller of a tokenised security may receive payment in an asset they are not comfortable holding – one exposed to price volatility or credit risk – which limits the market’s ability to scale,” Cipollone said in a speech at the House of the Euro in Brussels on Monday. Read more
Law firm Filip & Company has announced a new round of promotions within the company, starting this spring.
Nasdaq is wiring its collateral and surveillance systems into Talos’s institutional trading stack to target a $35 billion “trapped” collateral problem. Nasdaq will integrate its Calypso risk and collateral platform and trade surveillance system with digital asset infrastructure firm Talos’s institutional trading tools. The integration announced Monday aims to offer institutional clients a “unified” workflow for managing tokenized collateral and monitoring crypto and traditional assets for market abuse. It aims to ease a bottleneck in institutional tokenization, with Nasdaq citing internal research that roughly $35 billion in collateral sits tied up in “corrective and non-interest-bearing measures.” Nasdaq’s integration of its trade surveillance tools means that Talos clients will be able to run alerts for opaque tactics such as wash trading, spoofing and layering across the venues they access. Read more
Romania cinema revenues hit a record high of around EUR63 million in 2025, up 16% from 2024 and around 10% above the pre-pandemic average, reveals an analysis by real estate consultancy Colliers.