The Bank for International Settlements (BIS) and seven central banks are collaborating on a project called Project Agorá to investigate the potential of tokenization in improving global financial systems. The aim is to enhance the speed and integrity of international payments and monetary systems, with a focus on cross-border payments.
.@BIS_org, along with seven central banks, has started a new project to explore how tokenization could enhance the functions of monetary systems. https://t.co/tTJXnDjiR4
Central banks explore tokenisation of cross-border payments https://t.co/MLUQJkTd51
.@BIS_org, along with seven central banks, starts a new project to explore how tokenization could enhance the functions of monetary systems. https://t.co/R3QxqpzfYO
BREAKING NEWS A GLOBAL GROUP OF CENTRAL BANKS IS EXPLORING HOW TOKENIZATION CAN BE USED TO IMPROVE EXISTING FINANCIAL SYSTEMS “Tokenization” The system is changing.
The Bank for International Settlements unveiled Project Agorá, an initiative to explore the potential of tokenization to enhance the efficiency of global financial systems https://t.co/Xmbjavobgm
Central banks are launching a new project to grab a slice of the $14 trillion tokenisation pie https://t.co/xrSitULfK1
The BIS and seven central banks including the New York Fed will test using tokenization to increase the speed and integrity of international payments https://t.co/31XYqo1PNV
JUST IN: @BIS_org, along with seven central banks, has started a new project to explore how tokenization could enhance the functions of monetary systems. @camomileshumba reports https://t.co/rlxFnrq7QE
“For end users, tokenization ranked as the biggest potential game-changer for the trading and clearing workflow,” stated @CoalitionGrnwch in a derivatives industry report. They note that for large asset managers, “The transformation of financial assets into tokens and the use… https://t.co/4CXoRoWfOr