With the federal reserve of Singapore, France, and Switzerland, the Bank for International Settlements (BIS) has started a new initiative ‘Project Mariana’ to investigate the feasibility of merging some decentralized finance (DeFi) capabilities with central bank digital currencies (CBDCs). #BISInnovationHub, @banquedefrance, @MAS_sg and @SNB_BNS are launching Project Mariana, to explore the integration of #CBDC and #DeFi for automating #FXMarkets trading and settlement. Read more: https://t.co/v27XPinJ0s pic.twitter.com/wtMpECMfr9 — Bank for International Settlements (@BIS_org) November 2, 2022 Project Mariana to Investigate Use of AMM Today, the BIS unveiled a new initiative called “Project Mariana” that would investigate the use of automated market The post ‘Project Mariana’ by BIS to Investigate CBDC Connection with DeFi appeared first on Cryptoknowmics-Crypto News and Media Platform.