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BIS Economists Contend Crypto Cannot Fulfill the Role of Money
7.6.2022
The nature of permissionless blockchains necessarily leads to “fragmentation of the crypto landscape,” according to the paper
BIS Appoints Cecilia Skingsley as Head of Innovation Hub
7.6.2022
The Bank for International Settlements (BIS) has appointed Cecilia Skingsley as head of its Innovation Hub
DeFi Ledgers Can Help Regulators Oversee Sector, BIS Official Says
1.6.2022
Crypto Banking Rules Now Due This Year From BIS
31.5.2022
The Basel committee cited recent turmoil in pushing ahead with its plans, which previously saw opposition from major lenders like JPMorgan Chase
Regulate Ledgers and Not Individual Crypto Providers, BIS Study Says
20.5.2022
To make cross-border payments easier, you need to change your whole way of thinking, the authors of the BIS study found
BIS: 9 out of 10 Central Banks Worldwide Are Exploring Digital Currencies — Driven by Crypto Market
10.5.2022
Nine out of 10 central banks globally are exploring central bank digital currencies (CBDCs), according to the latest survey by the Bank of International Settlements (BIS). Furthermore, “the emergence of stablecoins and other cryptocurrencies have accelerated the work on CBDCs.”...
90% of surveyed central banks are exploring CBDCs — BIS
6.5.2022
“Globally, more than two-thirds of central banks consider that they are likely to or might possibly issue a retail CBDC in either the short- or medium-term,” said the BIS
Nine Out of Ten Central Banks Exploring Digital Currency, BIS Says
6.5.2022
Number of Central Banks Involved in CBDC Projects Almost Doubles Year-On-Year - BIS Report
6.5.2022
A rising number of central banks globally have the legal authority to issue central bank digital currencies (CBDCs), and, compared with a year earlier, the share of central banks which are currently developing a CBDC or running a pilot nearly doubled from 14% to 26%, according to a new report...
BIS releases study of CBDCs and their role in financial inclusion of the unbanked
12.4.2022
The researchers from BIS and the World Bank identify common factors across nine central banks that face a variety of different challenges
‘New Inflationary Era’ Upon Us, Central Bank Action Will be Unpopular – BIS’ Carstens Warns
5.4.2022
The return to inflation in the world means that real interest rates need to rise into positive territory, but with historically high levels of debt, such a move by central banks will not be popular, the Bank for International Settlements’ (BIS) head Agustín Carstens warned....
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Work on a Multi-CBDC Platform Has Revealed ‘More Questions Than Answers’ – BIS
22.3.2022
The Bank for International Settlements (BIS)'s central bank digital currency (CBDC) project, known as Project Dunbar, has created more questions than answers, the international body said today. However, establishing a global network of connected CBDC platforms still remains a goal for...
BIS joint pilot: Institutions can use CBDCs for international settlements
22.3.2022
The experimental CBDC platform proved that the design approaches used to address three major issues: access, jurisdictional boundaries, and governance were effective
Cambridge Centre for Alternative Finance Launches Digital Assets Research Project With 16 Banks
2.3.2022
On Tuesday, Cambridge Centre for Alternative Finance (CCAF) at Cambridge Judge Business School announced a new research initiative focused on the “growing digital asset ecosystem.” According to CCAF, the newly launched collaborative effort involves 16 financial institutions such...
Cambridge University launches crypto research project with IMF and BIS
1.3.2022
Some regulators were recently concerned about the alleged lack of consistent and transparent data on crypto markets
BIS general manager: Central banks generate trust, not big techs or “anonymous ledgers"
19.1.2022
According to the boss of the international institution owned by central banks, it is central banks that are best positioned to shape the future of money
Swiss National Bank Trials CBDC in Transactions With Five Banks
14.1.2022
The Swiss National Bank has successfully employed a wholesale CBDC to settle transactions with five commercial banks, the monetary authority announced. The tests are part of an experiment carried out together with the Bank for International Settlements and Switzerland’s financial services...
Swiss central bank tests wholesale CBDC with commercial partners
13.1.2022
The Swiss National Bank integrated wholesale CBDC in banking systems with five commercial banks as part of the second phase of Project Helvetia
BIS Claims a CBDC Interoperability Victory – While US Congressman Bids to Block Digital USD
13.1.2022
The Bank for International Settlements (BIS) says it has made another breakthrough in its central bank digital currency (CBDC) interoperability project – claiming that it has “successfully tested” the integration of wholesale CBDC settlement with commercial banks....
Read More: BIS Claims a CBDC...
India’s Central Bank RBI Says Crypto Is Prone to Fraud and Poses Immediate Risks to Consumer Protection
2.1.2022
India’s central bank, the Reserve Bank of India (RBI), has warned about multiple risks cryptocurrency poses to the country’s financial stability. “They are also prone to frauds and to extreme price volatility,” the apex bank claims, stressing that...