Crypto Game
  • Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    Michael Saylor’s Strategy Outperforms Tesla, Meta, and Bitcoin

    MicroStrategy’s Bitcoin Strategy Surpasses Major Tech Stocks

    Remixpoint Acquires 44.8 Bitcoin, Expanding Treasury Holdings

    Remixpoint Acquires 44.8 Bitcoin for $4.7 Million

    CoinFlip Considers $1 Billion Sale, Engages Financial Advisor

    CoinFlip Explores $1B Sale Amidst Market Surge

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    Recovery Plan Announced for Cetus Post-Exploit

    Tron Sees 8M Daily Transactions Amid Blockchain Expansion

    Ripple Transfers $498M XRP Amid Approaching Lawsuit Deadline

    Ripple Moves $498 Million XRP Amid Lawsuit Deadline

    Shiba Inu Whale Moves $31M SHIB Amid Burn Rate Drop

    Cardano Open Interest Surges $811.85M Amid Bullish Trends

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

New York Fed and BIS Launch Project Pine for Tokenization

Solomon M. by Solomon M.
May 17, 2025
in Latest News
Key Takeaways:
  • New York Fed and BIS explore tokenization in financial markets.
  • Project focuses on wholesale financial infrastructures.
  • No direct impact on existing cryptocurrencies reported.
new-york-fed-and-bis-launch-project-pine-for-tokenization
New York Fed and BIS Launch Project Pine for Tokenization

New York Fed, in collaboration with the BIS, has launched Project Pine, a research study focused on exploring tokenized financial markets.

In a joint effort, the New York Innovation Center and the BIS Innovation Hub have started Project Pine to study tokenization’s role in financial markets. This collaboration involves experts in distributed ledger technology. They are assessing how tokenization could reshape the implementation of monetary policy operations in wholesale financial markets. The project is completely exploratory and involves no direct funding transparency.

Project Pine is a joint technical research study conducted by the New York Innovation Center and the BIS Innovation Hub. The project examined if and how central banks could continue to implement monetary policy operations in a hypothetical future state where tokenization is widely adopted in wholesale financial markets. Source

The launch of Project Pine symbolizes a step toward integrating programmable smart contracts in central bank operations. This initiative underscores the evolving landscape of digital finance. By focusing on wholesale financial infrastructures, such as payment settlements, the project seeks to modernize financial market frameworks.

The involvement of central banks in this study underscores its importance in the financial industry. Its potential to influence global financial infrastructures is notable, although immediate changes in cryptocurrencies or securities markets are not expected. This represents a pioneering effort to marry traditional banking with tokenized systems. Nonetheless, the study’s infrastructure-agnostic nature signifies its broad applicability across currencies and systems. Project Pine’s future outcomes could reframe central bank monetary operations, potentially leading to regulatory or technological shifts in practice globally. The integration of smart contract technology in these operations highlights innovation prospects for governments and financial institutions alike.

Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

Previous Post

New York Fed and BIS Initiate Project Pine for Tokenized Finance

Next Post

Eric Council Jr. Sentenced for SEC Account Hack

Solomon M.

Solomon M.

Related Posts

Uber CEO Explores Stablecoins for Global Transactions

by Solomon M.
June 7, 2025

Uber CEO Dara Khosrowshahi considers stablecoins for global payments, recognizing Bitcoin as a store of value.

VanEck and 21Shares Push for SEC Rule Change

by Solomon M.
June 7, 2025

VanEck, 21Shares urge SEC to reinstate 'first-to-file' for crypto ETFs amid market fairness concerns.

SEC Urged to Reinstate First-to-File Rule for Crypto ETFs

by Solomon M.
June 7, 2025

VanEck and partners appeal SEC to return to first-to-file rule for crypto ETF approvals.

Garantex Moves $15M Despite Global Sanctions

by Solomon M.
June 7, 2025

Garantex-related wallets transfer $15 million via mixers and cross-chain bridges amid global sanctions.

Garantex Wallets Move $15M Despite Global Sanctions

by Solomon M.
June 7, 2025

Garantex-linked wallets move $15 million via mixers and cross-chain bridges, continuing activities despite sanctions.

Kevin Warsh Tipped for Federal Reserve Leadership Role

by Solomon M.
June 7, 2025

Donald Trump hints at naming Kevin Warsh as next Federal Reserve Chair amid speculation.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.