bank of international settlements
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Policymakers would be able to access customized dashboards for quick insights under the BIS prototype
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The Bank of International Settlements conducted the project in partnership with central banks from France, Singapore and Switzerland
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BIS head Agustin Carstens believes that the right legal framework is key for issuing CBDCs
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Pilot trial shows CBDC platform speeds up cross-border payments, cuts costs and improves transparency, HKMA’s Eddie Yue said
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BIS says a cyber attack on “critical infrastructure” could threaten potential CBDC framework
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The central bank for central banks is bullish on tokenization of deposits, following JPMorgan showing interest in the concept in February
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Project Meridian “demonstrates how to orchestrate synchronized settlement in central bank money using housing transactions” as a possible use case
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