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Bank for International Settlements

BIS invites applications for next phase of UK CBDC API project
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3 February, 2023

BIS invites applications for next phase of UK CBDC API project

The Bank for International Settlements has been working with the Bank of England on Project Rosalind and wants payment providers...
BIS: DeFi could shape the future of finance, but it’s too complex
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27 January, 2023

BIS: DeFi could shape the future of finance, but it’s too complex

In a new working paper, the Bank for International Settlements took a deep dive into the technical side of DeFi,...
Israel, Sweden, Norway collaborate on retail CBDCs to offer instant cross-border transactions
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26 January, 2023

Israel, Sweden, Norway collaborate on retail CBDCs to offer instant cross-border transactions

Retail CBDCs could solve cross-border friction, but Yaron admitted that several challenges remain, including enforcing AML rules and possibly pushing...
BIS recommends ban, contain or regulate approach to digital assets
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17 January, 2023

BIS recommends ban, contain or regulate approach to digital assets

In light of the FTX fallout, the Bank for International Settlements published a report on January 12 addressing the risks...
BIS wants banks digital asset exposure limited to 2% by 2025
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23 December, 2022

BIS wants banks digital asset exposure limited to 2% by 2025

The BIS wants central banks to set the standard for commercial banks’ involvement with stablecoins, tokenized assets, and “unbacked digital...
Bank of England invites applications for CBDC wallet proof of concept
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15 December, 2022

Bank of England invites applications for CBDC wallet proof of concept

The Bank of England has previously revealed that it would outsource the CBDC wallet to a private company and it’s...
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