ECB opens TIPS and TARGET2 access to fintechs – direct connection to the Eurosystem will become available starting October 2025. The initiative applies to payment institutions and e-money institutions registered in the EEA and holding PI or EMI status. Aimed at fostering competition and reducing reliance on bank counterparties, it may shift the balance of power in crypto and stablecoin markets built around euro-based infrastructure.
Joining WEEX now gives you a 20% bonus and instant VIP2 — no extra steps needed. Claim your rewards!
If you’re going to trade anyway, why not get rewarded like this?
Direct Access to TIPS and TARGET2: New Opportunities, Rules, and Restrictions
Something potentially far more significant than it may appear at first glance has just occurred. Until now, fintech companies were forced to work through bank intermediaries, which often resulted in refusals, added complexity, and higher costs. Now, however, the ECB has announced that access to TIPS (TARGET Instant Payment Settlement) and TARGET2 will be permitted for fintechs. Specifically, this applies to entities registered in the EEA with a license as a Payment Institution (PI) or Electronic Money Institution (EMI).
The ECB also explicitly noted that these entities will not be allowed to use TARGET2 accounts to hold client funds, and account balances will be capped – not exceeding twice the peak outbound transfer value over the past 12 months. Additional requirements include a legal opinion on asset protection standards, regular status confirmations, certification testing, and operational risk management procedures.
At first glance, this may seem relevant to digital finance but not directly to cryptocurrencies. However, considering the evolution of stablecoins and tokenized settlement infrastructure, the implications may prove broader. Furthermore, if future regulation redefines cryptocurrencies as a category of digital assets falling under digital money provisions, they could potentially gain access to this system as well.
As a result, direct access for PIs and EMIs to TIPS instant settlement systems could lay the foundation for issuing more efficient digital assets, enabling settlements without intermediaries or traditional banking infrastructure. This is especially notable in the context of MiCA and ongoing initiatives toward a digital euro.
Joining WEEX now gives you a 20% bonus and instant VIP2 — no extra steps needed. Claim your rewards!
If you’re going to trade anyway, why not get rewarded like this?
Conclusion
We are witnessing clear momentum toward the digitization of finance, both directly and indirectly tied to crypto. This trend spans globally —–from the US and Canada to the UK and EU – and these initiatives appear to be accelerating. The overall regulatory landscape is steadily becoming more favorable for integrating crypto in various forms.
Stay tuned to follow the latest developments and opportunities in finance, crypto, and DeFi.
