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‘Faster and Cheaper Cross-Border Transfers’ — Banking Report Led by BIS Highlights the Benefits of Cryptocurrency

Post author:MiamiCrypto
Post published:September 30, 2021
Post category:Bank of International Settlements Bénédicte Nolens Benoît Cœuré BIS BIS report BIS researchers CBDC Central Banks China Digital Yuan DLT Ethereum’s Hyperledger Besu blockchain four central banks Hong Kong mBridge News Project Inthanon-LionRock Thailand United Arab Emirates

According to a report published by the Bank of International Settlements (BIS) and a group of central banks, digital currencies can lead to faster settlement and cheaper transfers. Moreover, the…