THE BANK FOR INTERNATIONAL SETTLEMENTS IS BUILDING A UNIFIED DIGITAL FINANCIAL WORLD
The Bank for International Settlements (BIS), headquartered in Basel, Switzerland, is the most important international financial institution along with the International Monetary Fund (IMF) and the World Bank (WB). As noted on the BIS website, the main tasks of this organization are to promote cooperation between central banks and facilitate international financial settlements; in addition, it is a center for economic and monetary research. The BIS is often referred to as the “club of central banks” …
