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Landmark International CBDC Test Deemed Success, BIS Says

Over $22 million in foreign exchange was aided via the pilot involving China, Thailand and Hong Kong, the Bank for international Settlements said

Updated May 11, 2023, 5:09 p.m. Published Sep 27, 2022, 4:25 p.m.
Several central banks successfully piloted a CBDC trial, the Bank for International Settlements said Tuesday. (Twenty47studio/Getty Images)
Several central banks successfully piloted a CBDC trial, the Bank for International Settlements said Tuesday. (Twenty47studio/Getty Images)