In a new working paper, the Bank for International Settlements took a deep dive into the technical side of DeFi,...
Retail CBDCs could solve cross-border friction, but Yaron admitted that several challenges remain, including enforcing AML rules and possibly pushing...
In light of the FTX fallout, the Bank for International Settlements published a report on January 12 addressing the risks...
The BIS wants central banks to set the standard for commercial banks’ involvement with stablecoins, tokenized assets, and “unbacked digital...
The Bank of England has previously revealed that it would outsource the CBDC wallet to a private company and it’s...
Eddie Yue of the HKMA says reducing risks associated with digital assets can be achieved by regulating off-chain activities, while...
Bank for International Settlements found that payment system efficiency is the key motivator, but unlike other regions, African central banks...
The exploration is part of Project Cedar, an experiment conducted by the BIS to test the worthiness of wholesale CBDC...
Apart from improving cross-border payments, CBUAE’s governor noted that the pilot was also targeted at enhancing the local financial sector...
Project Aurum highlighted a technological stack to explore the viability of wholesale and retail CBDCs, utilizing two different tokens—intermediated CBDCs...
Sveriges Riksbank is also partnering with Norway in Project Icebreaker to test the viability of CBDCs in international retail and...
The Hong Kong Monetary Authority and the Bank for International Settlements seek to leverage the benefits of decentralized finance and...