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Denmark to join Eurosystem’s TARGET services
Danmarks Nationalbank applies to join additional Eurosystem TARGET services by 2025 Danish krone to become available for settlement in T2 and TIPS payment systems Danmarks Nationalbank, Denmark’s central bank, has applied to join the European Central Bank’s (ECB) T2 payment system, the Eurosystem’s new real-time gross settlement system (RTGS). T2 would then include the Danish krone by November 2025. Danmarks Nationalbank has also expressed interest in joining TARGET Instant Payment Settlement (TIPS) within the same time frame. The inclusion of the Danish krone in the Eurosystem’s payment platforms will enable ... (full story)