BIS Innovation Hub partners with Fed to support analysis of digital assets

by Aurelia Butler 29 November 2021, 22:40 199 Views

In a Monday speech for the opening of the New York Innovation Center, Federal Reserve chair Jerome Powell said the partnership would support the agency’s analysis of digital currencies, including the rollout of a central bank digital currency, or CBDC. The center plans to support analyses aimed at improving cross-border payment systems.

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Source: Cryptocurrency - investing.com

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BIS Innovation Hub partners with Fed to support analysis of digital assets

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