by: xpoolPosted on:

NY Fed & BIS Launch Project Pine to Explore Tokenized Markets

The New York Federal Reserve and the Bank for International Settlements (BIS) have launched Project Pine, an initiative focused on tokenizing monetary policy tools in wholesale financial markets. Their findings were published on May 14, 2025, with a focus on how these changes could impact future banking practices. Project Pine explores the potential for tokens to reshape central banking strategies and financial market operations.

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