Search Results for: Bank of International Settlements

Reserve Bank of India opens talks with US, Hong Kong for cross-border CBDC features
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7 December, 2023

Reserve Bank of India opens talks with US, Hong Kong for cross-border CBDC features

India is eyeing a collaboration with U.S. Federal Reserve and HKMA for cross-border CBDC functionality to enhance international remittances and...
BIS, World Bank to tokenize promissory notes
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4 December, 2023

BIS, World Bank to tokenize promissory notes

BIS will tokenize promissory notes which still rely on stacks of papers, and while this “isn’t going to revolutionize the...
Canada’s OSFI seeks feedback on banks’ ‘crypto’ disclosures
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30 November, 2023

Canada’s OSFI seeks feedback on banks’ ‘crypto’ disclosures

The Official of the Superintendent of Financial Institutions wants the public’s input on a proposal to have all federally-regulated financial...
BIS urges central banks to move fast on CBDC as Visa stablecoin threat looms
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27 November, 2023

BIS urges central banks to move fast on CBDC as Visa stablecoin threat looms

The Bank for International Settlements general manager and the governor of South Korea’s central bank talked about the need for...
Switzerland’s central bank launches wholesale CBDC pilot with UBS, commercial banks
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9 November, 2023

Switzerland’s central bank launches wholesale CBDC pilot with UBS, commercial banks

The pilot, dubbed Helvetia Phase III, builds upon two previous studies with collaborations from the Bank for International Settlements and...
Google pitches offline CBDC plan to central banks to boost adoption rates
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5 November, 2023

Google pitches offline CBDC plan to central banks to boost adoption rates

The guide, which is a part of Project Polaris, remarked that launching offline CBDCs will require a tailor-made approach, given...
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