BIS Reports Says That CBDCs Can Reduce Remittance Costs by 50%
The Bank for International Settlements (BIS) issued a report on Tuesday on central bank digital currencies (CBDC). Dubbed “Inthanon-LionRock to mBridge: Building
World Bank, BIS, and IMF Push for Integrated CBDCs for Better Cross-border Payments
A joint report by the World Bank, the International Monetary Fund (IMF), and the Bank of International Settlements (BIS), states that a
We and our partners store and/or access information on a device, such as cookies and process personal data, such as unique identifiers and standard information sent by a device for personalised ads and content, ad and content measurement, and audience insights, as well as to develop and improve products.
With your permission we and our partners may use precise geolocation data and identification through device scanning. You may click to consent to our and our partners’ processing as described above. Alternatively you may access more detailed information and change your preferences before consenting or to refuse consenting. Please note that some processing of your personal data may not require your consent, but you have a right to object to such processing. Your preferences will apply to this website only. You can change your preferences at any time by returning to this site or visit our privacy policy.