The project used DLT to link the central bank’s RTGS system “with other financial market infrastructures and ledgers automatically orchestrating the exchange in ownership of funds and assets in a resilient and secure way,” according to a statement issued by BIS, which groups the world’s central banks.
Related posts
-
The Hunt for the Russian Trace: Chinese Banks Implement Stricter Compliance for Foreign Payments
Chinese banks have implemented additional compliance measures for payments... -
Financial Giant Charles Schwab Signals Big Moves in Crypto Trading
Charles Schwab is preparing to launch spot cryptocurrency trading... -
India Expands Payment Ties With Regional Partners to Strengthen Cross-Border Financial Networks
India’s expanding payment ties with nations like UAE and...