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Bitcoinist

2023-02-08 14:10:37

BIS To Launch Stablecoin Monitoring Project Amid CBDC Development

BIS To Launch Stablecoin Monitoring Project Amid CBDC Development

The Bank of International Settlement (BIS) has decided to expand its tentacles beyond the walls of central banks’ oversight and Central Bank Digital Currency (CBDC) development. The Swizz-based Bank of Central Banks announced that it would launch a new project to monitor stablecoins in addition to its ongoing Central Bank Digital Currency research. Related Reading:

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