Ireland's Central Bank, after reviewing 42 tokenization submissions, presents payment and legal challenges
Original headline토큰화 의견 42건 검토한 아일랜드 중앙은행, 결제·법률 과제 제시
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The Central Bank of Ireland reviewed 42 written submissions on tokenized finance under its March 2026 DP12 discussion paper and published a feedback statement on 2 December identifying central bank money settlement and legal and regulatory clarity as priority follow-up work. Three money market funds have been approved to represent existing fund shares as DLT-based "digital twins." Submissions came from crypto and Web3 firms, asset managers, fund service providers, commercial banks, and payment and market infrastructure operators. Governor Gabriel Makhlouf addressed the findings at the fifth Financial System conference in Dublin on 2 December. The feedback statement matters because it signals that Ireland's regulator is moving from consultation toward resolving settlement and legal- certainty barriers for tokenized fund structures. Next to watch is how the central bank translates the feedback into concrete guidance on central bank money settlement and whether more fund vehicles receive digital twin approvals.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
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Central Bank of Ireland, Gabriel Makhlouf, DP12