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Bank for International Settlements
Central Bank of Kenya: State-backed digital currency won’t solve all financial challenges
The CBK governor believes that central banks must address their financial challenges directly before launching a digital currency as it...
BIS partners with Australia, Singapore on multi-CBDC platform pilot
The Bank for International Settlements also partnered with South African and Malaysian central banks to develop the prototypes for an...
Swiss central bank completes pilot for CBDC settlement with commercial banks
The Swiss bank partnered with the BIS, SIX stock exchange and five commercial banks, including UBS, Citi, and Credit Suisse,...
France, Switzerland conclude major wholesale CBDC test with BIS
The French and Swiss central banks tested the use of a wholesale CBDC in cross-border funds transfers, with Credit Suisse,...
Decentralization in DeFi is an illusion, BIS quarterly review concludes
The Bank for International Settlements says decentralized finance (DeFI) could play a crucial role in the future of finance, but...
Bank of France: Digital currency regulations more urgent than CBDC
The deputy governor of the Bank of France addressed the need for DeFi and digital assets regulations and expressed his...
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