Digital Transformation, News

BIS leads charge to tokenise cross-border payments

By Ellesheva Kissin
cross-border payments
Image via Getty

The global umbrella group for central banks will build a unified ledger for central banks’ and private banks’ international payments in a bid to fix “structural inefficiencies” in cross-border payments.

The BIS project, which launched on April 3, will bring together seven major central banks and an as-yet-unspecified ...

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