Bank for International Settlements Endorses Tokenization as Future of Monetary Systems, Proposes Unified Ledger for CBDCs and Tokenized Assets
The Bank for International Settlements (BIS), the global monetary authority based in Switzerland, has proposed the development of a universal ledger to accommodate Central Bank Digital Currencies (CBDCs) and tokenized assets. Despite its skepticism towards cryptocurrencies, the BIS believes that regulated tokenization platforms overseen by central banks will play a ...
