Which institution is leading the cross-border CBDC project, undertaken by Central banks in Australia, Singapore, Malaysia and South Africa?

Q. Which institution is leading the cross-border CBDC project, undertaken by Central banks in Australia, Singapore, Malaysia and South Africa?

(a) IMF

(b) BIS

(c) World Bank

(d) BRICS Bank

Answer.

(b) BIS

Solution.

(b) BIS