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.