In a bid to strengthen oversight of the cryptocurrency space, particularly focusing on stablecoins, the Bank for International Settlements (BIS) and the Bank of England have unveiled a new project named Pyxtrial.
Read MoreIn a bid to strengthen oversight of the cryptocurrency space, particularly focusing on stablecoins, the Bank for International Settlements (BIS) and the Bank of England have unveiled a new project named Pyxtrial.
Read MoreA groundbreaking initiative by the Bank for International Settlements (BIS) and the Bank of England has unveiled Pyxtrial, a new system designed to deliver near real-time data on the liabilities and assets backing stablecoins.
Read MoreThe Bank for International Settlements (BIS), which includes 63 central banks and monetary authorities, sees significant potential in the widespread adoption of generative artificial intelligence (AI), a technology that many central banks are increasingly interested in.
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