BIS: Tokenisation in the context of money and other assets – concepts and implications for central banks
13 Mar 2026 (First published: 22 Oct 2024)
International
1 min read
The report sets out the concepts related to digital tokens and programmable platforms. Developments in tokenisation offer an opportunity for central banks to reflect on the role of central bank money in the digitalising financial system. Other key considerations for central banks identified in the report relate to the design of central bank wholesale payment systems, oversight and monetary policy.
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