Central Bank of Ireland Discussion Paper on DLT and Tokenisation in Financial Services (March 2026) (centralbank.ie)

• Central Bank of Ireland Discussion Paper 12 on DLT and tokenisation published March 2026.
• Benefits highlighted: efficiency, transparency, EU capital market integration.
• Risks: technology, operational, transition, supervision.
• Consultation open until 5 June 2026; feedback statement to follow.

"The Central Bank of Ireland has published Discussion Paper 12 on distributed ledger technology and tokenisation in financial services. The paper outlines potential benefits including enhanced efficiency, transparency, and deeper European capital market integration. It also identifies risks such as technology, operational, transition, and supervision challenges. The Bank seeks stakeholder feedback by 5 June 2026 and will publish a feedback statement. The paper is part of the Bank's engagement with the ECB, ESAs, IOSCO, and BIS on balancing innovation with financial stability."