**Crypto Chronicles: Project Agora's Big Leap! 🚀**
- The BIS’ Project Agora just hit the design stage, onboarding 41 private financial firms, including Visa, Mastercard, and SWIFT. Talk about a power-packed team!
- Launched in April, this project aims to merge tokenized commercial bank deposits with tokenized wholesale CBDCs on a single platform. Imagine a blockchain party where everyone’s invited!
- With big names like the Bank of England and the Federal Reserve Bank of New York on board, Agora is tackling inefficiencies in international payments. Think of it as the ultimate financial makeover.
- The project will run until 2025, focusing on customer verification and Anti-Money Laundering. Stay tuned for the grand finale!