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Cryptoknowmics 2023-02-08 05:46:51

BIS to Heighten Focus On CBDC Experiments, Launch Stablecoin Monitoring Project

The Bank for International Settlements, aka BIS, has announced that its Innovation Hub will increase its focus on experimenting with CBDC projects this year via its research and development arm. The bank will also launch a new project to monitor stablecoins. BIS to Focus on CBDC Projects in 2023 While making the announcement, the bank also added that its work schedule for the year ahead also includes “Project Pyxtrial,” which it described as a new experiment being launched by the London branch of the BIS Innovation Hub to enable the systemic monitoring of stablecoins. Pyxtrial will develop a platform to The post BIS to Heighten Focus On CBDC Experiments, Launch Stablecoin Monitoring Project appeared first on Cryptoknowmics-Crypto News and Media Platform .

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