• Written by: Aishwarya shashikumar
  • Thu, 24 Mar 2022
  •   Estonia

The Bank for International Settlements (BIS) Innovation Hub collaborated with central banks from Australia, Malaysia, Singapore, and South Africa to develop prototypes of two versions for an international settlement platform that uses different central bank digital currencies (CBDCs). According to the executive summary of the report, the project’s first phase was successful in developing functioning prototypes and […]

BIS to develop multi-CBDC platform prototypes; collaborates with 4 central banks