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Search Results for: Bank of International Settlements

FTX founder Sam Bankman-Fried sentenced to 25 years in prison
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29 March, 2024

FTX founder Sam Bankman-Fried sentenced to 25 years in prison

Sam Bankman-Fried has been sentenced to 25 years in prison for the criminal fraud that led to the downfall of...
Hong Kong to trial wholesale CBDC in interbank settlements
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13 March, 2024

Hong Kong to trial wholesale CBDC in interbank settlements

The HKMA's CBDC project supporting tokenization will center on innovative infrastructure for interbank settlement, with aid from banking institutions, the...
Rabobank taps blockchain to improve commercial paper transactions
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3 March, 2024

Rabobank taps blockchain to improve commercial paper transactions

Rabobank's successful pilot initiative generated over €2 billion in commercial paper transactions, showcasing blockchain's broad use cases that go beyond...
Central banks are adopting AI despite inherent risks
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1 February, 2024

Central banks are adopting AI despite inherent risks

Even before artificial intelligence gained mainstream popularity, central banks have been utilizing the technology, according to a study by the...
Indonesia’s central bank eye CBDC trial for 2024
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5 January, 2024

Indonesia’s central bank eye CBDC trial for 2024

Bank Indonesia's plans for its central bank digital currency, the digital rupiah, will focus on wholesale interbank settlement using blockchain...
Raiffeisen Switzerland Bank joins SIX Digital Exchange to serve digital assets
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24 December, 2023

Raiffeisen Switzerland Bank joins SIX Digital Exchange to serve digital assets

The Swiss banking giant’s decision to join SIX Digital Exchange stems from the desire to incorporate digital assets into its...
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