What are the BIS and central banks' plans for a new tokenized financial system using technologies from crypto and DeFi through smart contracts and blockchain or distributed ledger technology.

What is the BIS?

Which central banks are involved?

Will CBDCs be included?

What is Project Agora, that is a partnership between the BIS and 7 central banks?

That is what I cover in this video.

It has never been more important to educate yourself financially.

Contact me here or via e-mail if you are interested in working with me:
  / jameskaylive  
  / jameskay99  

Check out my previous video on the huge increase in real-world assets (RWA) being tokenized on cryptocurrency blockchains:
   • We Are Seeing A Huge Increase In Real...  

Useful links:
BIS: Blueprint for the future monetary system: improving the old, enabling the new:
https://www.bis.org/publ/arpdf/ar2023...

BIS: Project Agorá: central banks and banking sector embark on major project to explore tokenization of cross-border payments
https://www.bis.org/about/bisih/topic...

Chapters:
0:00 - Intro
1:07 - The BIS
2:26 - Blueprint for the future monetary system
3:30 - Project Agorá

Disclaimer:
The information contained in this video is for informational purposes only. Nothing shall be construed as financial advice. The content is solely the opinions of the speaker who is not a licensed financial advisor. The speaker does not guarantee any particular outcome.

#centralbank
#cbdc
#crypto