Fresh news from the crypto world! đ
The Bank for International Settlements (BIS) and the Bank of England have revealed the results of Project Pyxtrial, a proof of concept to monitor reserves of stablecoins and tokenized assets.
- Pyxtrial combines a data model, database and APIs.
- Provides data to regulators through a customizable dashboard.
- Requires supervisors to establish rules on data quality.
Although not yet ready for launch, Pyxtrial shows great potential for the future of crypto regulation. What do you think about this initiative? Leave us your comment!