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Bank for International Settlements

Google pitches offline CBDC plan to central banks to boost adoption rates
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5 November, 2023

Google pitches offline CBDC plan to central banks to boost adoption rates

The guide, which is a part of Project Polaris, remarked that launching offline CBDCs will require a tailor-made approach, given...
BIS releases details for widely anticipated Project mBridge ahead of MVP
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5 November, 2023

BIS releases details for widely anticipated Project mBridge ahead of MVP

Project mBridge is inching forward to launching an MVP in 2024, and to achieve this, the Bank for International Settlements...
Bank of Korea teams up with BIS, local institutions for wholesale CBDC experiment
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9 October, 2023

Bank of Korea teams up with BIS, local institutions for wholesale CBDC experiment

The Bank of Korea is looking to develop a new monetary system that focuses on the use of a wholesale...
BIS completes wholesale CBDC trial for FX, cross-border payments
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7 October, 2023

BIS completes wholesale CBDC trial for FX, cross-border payments

In Project Mariana's proposed design, central banks do not need to control the underlying platform but will rely on smart...
BIS concludes wholesale CBDC experiment for FX, cross-border payments
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5 October, 2023

BIS concludes wholesale CBDC experiment for FX, cross-border payments

The Bank for International Settlements has released the Project Mariana report, exploring challenges and solutions in a wholesale CBDC pilot...
BIS chief: Outdated legal systems hindering CBDCs are ‘unacceptable’
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4 October, 2023

BIS chief: Outdated legal systems hindering CBDCs are ‘unacceptable’

While 93% of central banks are exploring CBDCs, over 80% of legal frameworks bar the rollout of these digital currencies,...
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