The Bank for International Settlements (BIS) and European central banks are developing proofs of concept to explore the macroeconomic relevance of crypto-asset markets and DeFi.

The Bank for International Settlements (BIS) and European central banks are developing proofs of concept to explore the macroeconomic relevance of crypto-asset markets and DeFi.

The Bank for International Settlements (BIS) and European central banks are developing proofs of concept to explore the macroeconomic relevance of crypto-asset markets and DeFi.

BIS and some partners within the Eurosystem, De Nederlandsche Bank and the Deutsche Bundesbank, are creating a data platform in an initiative dubbed Project Atlas. This project combines on- and off-chain information, creating a layered approach to data vetting and tailored statistics for central banks. A first proof of concept was developed focusing on international flows of crypto-assets.}

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