BIS: Central Banks Undertaking “Extensive Work” on Digital Currency

BIS: Central Banks Undertaking “Extensive Work” on Digital Currency

The Bank of International Settlements (BIS), the de facto central bank of the world’s central banks, continues to do its homework on blockchain-powered central bank digital currencies, or CBDCs. On January 23rd, the influential international institution published a new report titled “Impending arrival – a sequel to the survey on central bank digital currency.”