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Bank for International Settlements
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
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
The reserve banks in each country have teamed up to trial a new platform for enabling cross-border transfers denominated in...
BIS head: Bitcoin may break down altogether, has no actual value backing
The head of the Bank for International Settlements believes that Bitcoin could end up collapsing altogether.
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...
BIS: Regulation could be embedded in stablecoins
The Bank for International Settlements (BIS) has said regulation could be embedded into private global stablecoins, such as Facebook’s Libra.
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