How the Bank for International Settlements Is Redesigning the World Economy
The Bank for International Settlements (BIS) has evolved past being the “central bank of central banks.” It’s now the architect of the digital global economy. The recent initiatives by the BIS are arguably consolidating global interoperability efforts within a Western-aligned, rules-based core. S. Yash Kalash provides insights on this invisible architect, and offers a pathway toward a more inclusive and transparent digital monetary order.