Joint study explores feasibility of central bank operations using tokenisation and smart contracts

Joint study explores feasibility of central bank operations using tokenisation and smart contracts

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Joint study explores feasibility of central bank operations using tokenisation and smart contracts

Press release | 14 May 2025The Federal Reserve Bank of New York and the Bank for International Settlements (BIS) today published a joint research study that explored if and how central banks could continue to implement monetary policy operations in hypothetical tokenised wholesale financial markets.

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