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http://hdl.handle.net/11320/20601Pełny rekord metadanych
| Pole DC | Wartość | Język |
|---|---|---|
| dc.contributor.author | Piech, Krzysztof | - |
| dc.contributor.author | Pangsy-Kania, Sylwia | - |
| dc.date.accessioned | 2026-07-01T12:00:11Z | - |
| dc.date.available | 2026-07-01T12:00:11Z | - |
| dc.date.issued | 2026 | - |
| dc.identifier.citation | Optimum. Economic Studies, Nr 2(124) 2026, s. 193-211 | pl |
| dc.identifier.issn | 1506-7637 | - |
| dc.identifier.uri | http://hdl.handle.net/11320/20601 | - |
| dc.description.abstract | Purpose | We document how tokenised bonds have progressed from pilots to routine issuance in the EU, mapping the DLT Pilot Regime and three enabling Member State regimes (Germany’s eWpG, Luxembourg’s dematerialised-securities law, Italy’s Fintech Decree) and linking law to market practice. Research method | Documentary analysis of primary EU/national legal acts, supervisory reports and verifiable issuer communications; triangulation with transaction evidence from leading SSA and corporate deals. Results | We find operational gains in distribution and lifecycle processing and credible pathways to delivery-versus-payment in central bank money (Eurosystem 2024 designs). Adoption, however, remains concentrated in SSAs and development banks, as well as large investment-grade corporates; SMEs see limited benefit where settlement stays in commercial bank money and interfaces are bespoke. Originality / value / implications / recommendations | We synthesise law-market-technology interactions into an incremental policy agenda: (i) codify a technologically neutral gateway for DvP in central bank money; (ii) standardise token/event disclosures (ICMA Bond Data Taxonomy). | pl |
| dc.language.iso | en | pl |
| dc.publisher | Wydawnictwo Uniwersytetu w Białymstoku | pl |
| dc.subject | blockchain | pl |
| dc.subject | tokenised bonds | pl |
| dc.subject | DLT Pilot Regime | pl |
| dc.subject | central-bank-money settlement | pl |
| dc.title | Digital Bonds in Europe: Regulatory Landscape, Market Evidence and Economic Policy Options | pl |
| dc.type | Article | pl |
| dc.rights.holder | © Copyright by Uniwersytet w Białymstoku | pl |
| dc.identifier.doi | 10.15290/oes.2026.02.124.10 | - |
| dc.description.Email | Krzysztof Piech: krzysztof.piech@lazarski.edu.pl | pl |
| dc.description.Email | Sylwia Pangsy-Kania: sylwia.pangsy-kania@ug.edu.pl | pl |
| dc.description.Affiliation | Krzysztof Piech - Lazarski University | pl |
| dc.description.Affiliation | Sylwia Pangsy-Kania - University of Gdańsk | pl |
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| dc.description.number | 2(124) | pl |
| dc.description.firstpage | 193 | pl |
| dc.description.lastpage | 211 | pl |
| dc.identifier.citation2 | Optimum. Economic Studies | pl |
| dc.identifier.orcid | 0000-0001-8120-3675 | - |
| dc.identifier.orcid | 0000-0002-7850-9101 | - |
| Występuje w kolekcji(ach): | Optimum. Economic Studies, 2026, nr 2(124) | |
Pliki w tej pozycji:
| Plik | Opis | Rozmiar | Format | |
|---|---|---|---|---|
| K_Piech_S_Pangsy_Kania_Digital_Bonds_in_Europe.pdf | 286,13 kB | Adobe PDF | Otwórz |
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