BIS Innovation Hub to test CBDCs for international settlements
The project will develop prototype platforms that will allow direct transactions between financial institutions in the digital currencies issued by participating central banks.
The project will develop prototype platforms that will allow direct transactions between financial institutions in the digital currencies issued by participating central banks.
Asset managers receive respite from authorities in implementing the final phase of the uncleared margin rules as coronavirus continues to impact regulation.
The internet may not be able to handle vast amounts of crypto transactions, according to the Bank for International Settlements claims.