Credit: Original article published by Coinnounce.

CBDC research has been announced as a top priority for the Bank for International Settlements’ Innovation Hub, or BISIH, in 2021. According to its annual work program, BISIH plans to “explore the feasibility of faster and cheaper cross-border payments” using central bank digital currencies. BISIH also stated it would explore prototypes of “tiered retail CBDC distribution architectures” […]

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