The European Central Bank (ECB) will begin accepting tradeable assets issued using distributed ledger technology (DLT) within central securities depositories (CSD) as eligible collateral for Eurosystem credit operations starting March 30. According to Foresight News, these assets must meet the Eurosystem's collateral eligibility criteria and management requirements, including settlement in securities settlement systems that comply with CSD regulations and can connect to TARGET2-Securities (T2S). The initiative will be implemented in phases, taking into account market developments and the evolution of related legal frameworks such as MiCAR and the DLT pilot regime. This move aims to encourage innovation and promote the integration of European capital markets.