The Bank of International Settlements (BIS) is to develop a proof of concept platform to explore the use of central bank digital currencies (CBDCs) for cross-border payments and has identified CBDCs as one of six “thematic priorities” for the year. The platform will use “multiple wholesale CBDCs to explore the feasibility of faster and cheaper […]
Read the rest of BIS to build proof of concept platform for cross-border CBDC payments at NFCW.