Bank for International Settlements

Israel central bank teams up with Hong Kong to test retail digital currency
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21 June, 2022

Israel central bank teams up with Hong Kong to test retail digital currency

Bank of Israel partnered with the Hong Kong Monetary Authority and the Bank for International Settlements to test the feasibility...
Basel Committee to set new digital assets banking standards by end of 2022
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4 June, 2022

Basel Committee to set new digital assets banking standards by end of 2022

In a statement, the body said that it is currently working towards issuing its second consultation paper on the prudential...
BIS: Digital asset exchanges must be regulated as institutional adoption soars
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24 May, 2022

BIS: Digital asset exchanges must be regulated as institutional adoption soars

The watchdog believes that regulators must crack down on exchanges to protect the banking fraternity as more mainstream institutions jump...
BIS survey: 9 in every 10 central banks exploring CBDCs
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12 May, 2022

BIS survey: 9 in every 10 central banks exploring CBDCs

90% of 81 central banks are at various stages of development of a digital currency, according to a recently published...
CBDCs are new favorite assets for central banks, BIS report says
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21 April, 2022

CBDCs are new favorite assets for central banks, BIS report says

The 21-page report discussed the key areas for central bank digital currencies, such as the motivations for issuance and potential...
Central Bank of Kenya: State-backed digital currency won’t solve all financial challenges
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2 April, 2022

Central Bank of Kenya: State-backed digital currency won’t solve all financial challenges

The CBK governor believes that central banks must address their financial challenges directly before launching a digital currency as it...
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