BIS partners with central banks to tackle cross-border compliance with Project Mandala

The Bank for International Settlements (BIS) has collaborated with several central banks to showcase regulatory compliance in cross-border transactions through Project Mandala, according to an Oct. 28 statement. This initiative involves the BIS Innovation Hub Singapore Centre and the central banks of Australia, Korea, Malaysia, and Singapore. The project aims to tackle regulatory challenges... source: https://cryptoslate.com/bis-partners-with-central-banks-to-tackle-cross-border-compliance-with-project-mandala/