The Bank for International Settlements (BIS) has set priorities for its Innovation Hub in 2021, with Central Bank Digital Currency (CBDC) being a top priority.
A press release says that “Among the newly launched projects will be:
• a proof of concept solution for a regulatory reporting platform employing data analytics and data visualization to provide supervisors with deeper and more timely insights to address risks;
• a proof of concept platform using multiple wholesale CBDCs to explore the feasibility of faster and cheaper cross-border payments;
