Tagged: project mariana

BIS Successfully Trials Cross-Border Wholesale CBDCs with Central Banks of France, Singapore, Switzerland

September 30, 2023 @ 3:40 pm By Michael Wong |

The Bank for International Settlements (BIS) has successfully completed Project Mariana, a collaborative endeavor with the central banks of France, Singapore, and Switzerland, aiming to explore the potential of wholesale central bank digital currencies (wCBDCs) in cross-border trading and settlement between financial institutions. Developed jointly… Read More

Read more in: Global, Blockchain & Digital Assets | Tagged bank for international settlements, bis, cbdc, central bank, france, project mariana, singapore, switzerland

BIS and Central Banks of France, Singapore, Switzerland to Explore CBDCs, DeFi Protocols

November 7, 2022 @ 9:43 am By Omar Faridi |

The BIS Innovation Hub is launching a new project around central bank digital currencies (CBDCs) and Decentralized Finance (DeFi) protocols “as part of its 2022 work program.” Project Mariana “explores automated market makers (AMM) for the cross-border exchange of hypothetical Swiss franc, euro and Singapore… Read More

Read more in: Fintech, Blockchain & Digital Assets, Global, Politics, Legal & Regulation | Tagged bank for international settlements, bis, bis innovation hub, cbdc, cbdcs, cecilia skingsley, decentralized finance, defi, defi protocols, france, project mariana, singapore, switzerland