
Bank for International Settlements
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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...
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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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9 December, 2022
Hong Kong central bank governor optimistic on virtual currency; South Korean counterpart fazed by FTX implosion
Eddie Yue of the HKMA says reducing risks associated with digital assets can be achieved by regulating off-chain activities, while...
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30 November, 2022
BIS: African central banks pushing for CBDCs, but their motivation differs from other regions
Bank for International Settlements found that payment system efficiency is the key motivator, but unlike other regions, African central banks...
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9 November, 2022
NY Federal Reserve testing CBDCs to improve foreign exchange transactions
The exploration is part of Project Cedar, an experiment conducted by the BIS to test the worthiness of wholesale CBDC...
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30 October, 2022
UAE central bank completes CBDC pilot, eyes international usage for cross-border payments
Apart from improving cross-border payments, CBUAE’s governor noted that the pilot was also targeted at enhancing the local financial sector...