The Bank for International Settlements (BIS), in partnership with central banks within the Eurosystem, has announced the launch of Project Atlas, a proof of concept aimed at exploring the economic impact of crypto assets and decentralized finance.
Project Atlas, a combined effort of the BIS Innovation Hub Eurosystem Centre, De Nederlandsche Bank, and the Deutsche Bundesbank, aims to streamline the data collection process from various crypto exchanges and public blockchains. The project aims to gather both on and off-chain data, standardize collection and monitoring methodologies, and assess findings against macroeconomic analysis.
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