# SEPA

𝐓𝐇𝐄 𝐁𝐀𝐍𝐊 𝐎𝐅 𝐈𝐓𝐀𝐋𝐘 𝐉𝐔𝐒𝐓 𝐔𝐑𝐆𝐄𝐃 𝐓𝐇𝐄 𝐄𝐔 𝐓𝐎 𝐓𝐎𝐊𝐄𝐍𝐈𝐙𝐄 𝐒𝐄𝐏𝐀
✨The Bank of Italy has formally urged the European Union to evaluate a tokenized version of SEPA, the Single Euro Payments Area used by 500 million Europeans for trillions in annual transactions . Deputy Governor Chiara Scotti delivered the message at a workshop in Rome co-organized by the #ECB, calling tokenized #SEPA "an important area of reflection" built on a distinctly European asset . This is the payment layer being pulled onto blockchain rails.
🔹 Bank of Italy Deputy Governor Chiara Scotti ca