I. The Infrastructure Gap: Analogue Central Banking in the Era of Tokenized Finance
The architecture of global central banking was designed for an analog era…
The Importance of Wholesale Payments
Wholesale payments are the lifeblood of financial markets. They play a critical role in ensuring liquidity and stability in the…
The concept of tokenization has emerged as a transformative force in the financial industry, offering a digital model of ownership with the potential to revolutionize…
1. Introduction The Eurosystem — consisting of the European Central Bank (ECB) and national central banks in the euro area — is analysing the potential…
Introduction In June this year, the Asian Development Bank (ADB) published the report Connecting Market Infrastructures in ASEAN+3: The Project Tridecagon Proof of Concept. The report explained…
The Bank’s Roles in Payment and Settlement Systems Article 1 of the Bank of Japan Act states “ensuring smooth settlement of funds among banks and…