Piero Cipollone: Interview with Milano Finanza

Source: Ecb ·

Piero Cipollone: Interview with Milano Finanza

From the source

Interview with Piero Cipollone, Member of the Executive Board of the ECB, conducted by Roberto Sommella on 21 October 2026 Mr Cipollone, you have just attended a meeting of the Executive Committee of the Italian Banking Association. Was the digital euro one of the topics discussed? We mainly talked about tokenisation. On the subject of the digital euro, I provided an update on the status of the debates on the legislation in Brussels and on the progress of our internal preparations within the Eurosystem. Since you joined the ECB, payments have become one of the main focus areas of your work. Why are they so important for Europe’s future? Because payments constitute a strategic infrastructure for Europe and, as a central bank, ensuring the smooth functioning of payment systems falls within our mandate. Whenever we buy something online or pay for a coffee, we think about the price of what we’re buying. But we hardly ever think about how the payment is made. Yet if the payment system…

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