Five banks joined tests for settling interbank, monetary policy and cross-border transactions in Swiss francs.
Project Jura explored cross-border settlement of tokenised assets on a DLT platform.
She is global director of payments at ING.
The independent forum will support the implementation of a well-designed digital pound and money ecosystem.
Central bank digital currencies need to integrate with existing payments systems.
The Central Bank Digital Currency challenge had over 300 submissions from more than 50 countries.
Investigation phase will last 24 months.
BIS said central bank digital currencies could form the backbone of a new digital payment system.
Banque de France is exploring design options for the technical implementation of a digital euro.