BIS: Project Rialto Aims to Assess if Wholesale CBDCs Can Improve FX Settlement
Yesterday (June 4), the Bank for International Settlements (BIS) announced Project Rialto, an initiative that aims to review how instant cross-border payments could be improved using a “modular foreign exchange (FX) component combined with settlement in wholesale central bank digital currencies (CBD).” BIS said improving… Read More
Read more in: Blockchain & Digital Assets, Global, Politics, Legal & Regulation | Tagged bank for international settlements, bis, cbdc, cbdcs, Project Rialto