Search Results for: Bank for International Settlements

Russian state-owned company builds blockchain-based replacement for SWIFT
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12 June, 2022

Russian state-owned company builds blockchain-based replacement for SWIFT

Rostec, a state-owned defense conglomerate in Moscow, has announced that it has developed a blockchain platform that can be used...
South Korea to begin enforcing digital currency regulatory framework by 2024: report
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18 May, 2022

South Korea to begin enforcing digital currency regulatory framework by 2024: report

A document titled the 'National Task Implementation Plan' confirmed that South Korean President Yoon Suk-yeol is looking to introduce the...
China trials tax and charge payments with digital yuan
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3 May, 2022

China trials tax and charge payments with digital yuan

The country is now testing the digital yuan—e-CNY—for use in payments of tax, stamp duty, and social security premiums with...
Russia on track to launch digital ruble pilot phase by 2023
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26 April, 2022

Russia on track to launch digital ruble pilot phase by 2023

Central Bank of Russia President Elvira Nabiullina revealed that by 2023, the digital ruble would be launched on a pilot...
Project Aber: CBDC an improvement over current fiat systems
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3 December, 2020

Project Aber: CBDC an improvement over current fiat systems

Two of the largest economies in the Middle East have described a central bank digital currency as an improvement over...
Singapore’s blockchain payments network completes test phase
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15 July, 2020

Singapore’s blockchain payments network completes test phase

Singapore’s Project Ubin blockchain payments network has completed its fifth and final testing phase and will now be integrated into...
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