
Bank for International Settlements
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...
BIS: CBDCs can slash the cost of cross-border remittances by 50%
The BIS published the findings on a multi-CBDC project between central banks in Hong Kong, Thailand, China, and the UAE,...
BIS wants central banks to move faster with CBDC amid looming stablecoin pressure
The head of the Bank for International Settlements has asked central banks to step up their efforts with CBDCs as...
Joint CBDC pilot unites Australia, Singapore, Malaysia and South Africa
The reserve banks in each country have teamed up to trial a new platform for enabling cross-border transfers denominated in...