The BIS program for this year features six new projects, exploring the issues of cyber security, fighting financial crime, CBDCs, and green finance.
The Bank for International Settlements (BIS) Innovation Hub will proceed to the second phase of its central bank digital currencies (CBDCs) privacy testing and launch the blockchain-based tokenization project in 2024.
On January 23, the BIS announced its work program for this year. It features six new projects, exploring the issues of cyber security, fighting financial crime, CBDCs, and green finance. As Cecilia Skingsley, head of the BIS Innovation Hub, specified in the announcement, another critical area is tokenization, where the new project, Promissa, will be followed by “more initiatives.”
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