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Gergely Koczan

7 May 2026
FINANCIAL INTEGRATION AND STRUCTURE BOX
Financial Integration and Structure in the Euro Area 2026
Details
Abstract
The Eurosystem is promoting the safe and integrated development of a European digital asset ecosystem, leveraging distributed ledger technology (DLT) to enhance efficiency, transparency and integration in financial markets. Recent initiatives have confirmed the potential of DLT across various phases of the financial transactions lifecycle, reflecting growing interest and engagement from market participants. This box highlights the Eurosystem’s efforts to scale up innovation. These include its single work programme to develop a European digital asset ecosystem and its strategy to align its collateral framework by accepting DLT-based assets as eligible collateral for Eurosystem credit operations.
JEL Code
E58 : Macroeconomics and Monetary Economics→Monetary Policy, Central Banking, and the Supply of Money and Credit→Central Banks and Their Policies
F36 : International Economics→International Finance→Financial Aspects of Economic Integration
G21 : Financial Economics→Financial Institutions and Services→Banks, Depository Institutions, Micro Finance Institutions, Mortgages
G23 : Financial Economics→Financial Institutions and Services→Non-bank Financial Institutions, Financial Instruments, Institutional Investors