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Chaintimes 2021-10-04 12:24:11

BIS report reveals CBDCs could slash the cost of cross-border remittances by 50%.

Central bank digital currencies (CBDCs) are a game-changer and can transform finance and banking as we know them today, the Bank for International Settlements (BIS) has stated in its latest report. The report centered on a CBDC project between China, Thailand, the United Arab Emirates, and Hong Kong. Central banks across countries are actively working […]Read full post BIS report reveals CBDCs could slash the cost of cross-border remittances by 50%. on Chaintimes.com.

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