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BIS announces collaboration with central banks and banking sector to explore tokenisation of cross-border payments

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Published on: 04 April 2024
Published by LNB News

LNB News 04/04/2024

Document Information

Issue Date: 04 April 2024

Published Date: 04 April 2024

Jurisdiction(s): World

Article summary

The Bank for International Settlements (BIS) together with seven central banks (including the Bank of England) has announced plans to join forces with the private sector to create Project Agorá which explores ways in which tokenisation can enhance the functioning of the monetary system.

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