BIS creates blueprint for the coming financial and monetary system

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In a special chapter of the BIS Annual Economic Report 2023, a blueprint for the future is outlined by rethinking the current pillars of the monetary system.

According to a new analysis from the Bank for International Settlements, a financial infrastructure that combines tokenized money and assets on a programmable platform could fundamentally transform the global financial system.

BIS stated that there are many new opportunities when central bank money, commercial money, and various assets are all tokenized and interacted with on the same platform.

Read More: BIS builds out ‘game-changing’ blueprint for the future monetary and financial system

TalkFintech Bureau
TalkFintech Bureauhttps://talkfintech.com
TalkFintech is focused on the latest financial sector technologies and tools- covering all tech used by banks, investors, insurance, and wealth management sectors- and also conversations on retail financial management tools.

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