Norwegian, Swedish and Israeli central banks will collaborate on new research for central bank digital currencies (CBDC).
According to the statement made by the Bank for International Settlements (BIS), the central bank of these three countries in international payment transactions will explore how it can be used.
icebreaker Within the scope of this project, called CBDCs developed by different central banks, it will be investigated how to use CBDCs jointly.
The cost of transferring money between different countries is still higher despite today’s conditions. The International Payments Fund (IMF), this cost of CBDCs thinks he can.
International transaction costs of transactions with CBDC within the scope of the Icebreaker project. how low can will be reviewed. It is expected that the results obtained from the project will be shared with the public in the first quarter of 2023.