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Bank for International Settlements

Decentralization in DeFi is an illusion, BIS quarterly review concludes
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9 December, 2021

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
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3 December, 2021

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%
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4 October, 2021

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
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17 September, 2021

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
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7 September, 2021

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...
Swiss central bank completes CBDC trial, downplays DLT
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8 December, 2020

Swiss central bank completes CBDC trial, downplays DLT

While the trial demonstrated the feasibility of a wholesale CBDC, the bank claimed that distributed ledger technology has not yet...
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