Bank for International Settlements

CBDCs are new favorite assets for central banks, BIS report says
-
21 April, 2022

CBDCs are new favorite assets for central banks, BIS report says

The 21-page report discussed the key areas for central bank digital currencies, such as the motivations for issuance and potential...
Central Bank of Kenya: State-backed digital currency won’t solve all financial challenges
-
2 April, 2022

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
-
30 March, 2022

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
-
20 January, 2022

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
-
14 December, 2021

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
-
9 December, 2021

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...
Advertisement