Tag: wholesale CBDCs

BIS and Three Central Banks Test Cross-Border Wholesale CBDCs Introduction The Bank for​ International Settlements‍ (BIS) ‌recently announced ⁤its collaboration ‌with ⁤three central banks in testing ⁣ cross-border​ wholesale central bank digital currencies (CBDCs). This signifies⁣ an important ‍step towards leveraging ⁣ the potential of blockchain and distributed ledger technologies in the global financial landscape.…