NEW YORK (Reuters) -Central banks should still be able to conduct monetary policy effectively and perhaps be even nimbler in a more decentralized financial system, according to the findings of a ...

Central bank project shows monetary policy still viable in 'tokenized' system By Michael S. Derby and Marc Jones May 14, 2025 2:39 PM UTC Updated May 14, 2025 ...

The project came out of work done by the New York Fed's Innovation Center and the Bank for International Settlements' Innovation Hub, as part of the Project Pine effort.