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Bank for International Settlements
BIS, World Bank to tokenize promissory notes
BIS will tokenize promissory notes which still rely on stacks of papers, and while this “isn’t going to revolutionize the...
BIS urges central banks to move fast on CBDC as Visa stablecoin threat looms
The Bank for International Settlements general manager and the governor of South Korea’s central bank talked about the need for...
Bank for International Settlements questions stablecoins’ money market stability
The Bank for International Settlements has compared stablecoins to Eurodollars, saying they lack a central authority to maintain par when...
BIS chief says wholesale CBDCs are coming ‘really soon’
Wholesale CBDCs don’t have the many complexities, risks, and complications of retail CBDCs and should launch in a few years,...
Stablecoins are not safe—cash them out now: BIS
The November 8 BIS report detailed that from January 2019 to September 2023, fiat-backed stablecoins only maintained their peg 94%...
Switzerland’s central bank launches wholesale CBDC pilot with UBS, commercial banks
The pilot, dubbed Helvetia Phase III, builds upon two previous studies with collaborations from the Bank for International Settlements and...
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