Iceland joins TIPS for instant payments. ECB and Seðlabanki Íslands agreement will take effect as of 2028.

24 Jun 2026 - 12:55
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The European Central Bank (ECB) and Seðlabanki Íslands signed an agreement for Iceland to join the Eurosystem’s TARGET Instant Payment Settlement (TIPS) system. „This will allow payments in Icelandic króna to be settled instantly in central bank money as of 2028.” – according to the press release. The Icelandic króna will be the fifth currency […]

The post Iceland joins TIPS for instant payments. ECB and Seðlabanki Íslands agreement will take effect as of 2028. appeared first on NOCASH ® de 25 ani.

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