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CATEGORY: bank of international settlements


May 06, 2022 08:50

BIS: 95% of World Central Banks Into CBDC

BIS initiates a survey of central banks.  Approximately 95% of central banks are into CBDC. The next two years will

BIS to develop multi-CBDC platform prototypes; collaborates with 4 central banks

Author: Aishwarya shashikumar
Estonia
Mar 24, 2022 07:10

BIS to develop multi-CBDC platform prototypes; collaborates with 4 central banks

The Bank for International Settlements (BIS) Innovation Hub collaborated with central banks from Australia, Malaysia, Singapore, and South Africa to develop prototypes of two versions for an international settlement platform that uses different central bank digital currencies (CBDCs). According to the executive summary of the report, the project’s first phase was successful in developing functioning prototypes and […]

Cryptocurrency Storm, Shaking Financial Paradigms Tight: BIS

Author: Aishwarya shashikumar
Estonia
Jul 13, 2023 07:10

Cryptocurrency Storm, Shaking Financial Paradigms Tight: BIS

The Bank of International Settlements (BIS) recently published a report based on cryptocurrency risks and key elements. The report delves into an extensive analysis of cryptocurrencies and their potential implications for the financial system. The BIS report critically examined the phenomenon of cryptocurrencies, moving beyond the surface-level excitement and hype surrounding cryptocurrency. It aims to […]

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