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BIS Innovation Hub plans multiple new CBDC projects

cbdc currencies

Today the BIS Innovation Hub announced its latest work agenda, with central bank digital currencies (CBDC) dominating. Thirteen of 17 projects active or launched in 2021 and 2022 are for CBDC.

The first projects for the new London and Nordic centers have been unveiled, but there was no mention of a work program for the European centers, which are due to launch in the first half of 2022.

London will focus on two projects related to a retail CBDC, including building an open API system. The Nordic center will develop an offline CBDC solution.

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