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Bank for International Settlements

France, Switzerland conclude major wholesale CBDC test with BIS
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14 December, 2021

France, Switzerland conclude major wholesale CBDC test with BIS

The French and Swiss central banks tested the use of a wholesale CBDC in cross-border funds transfers, with Credit Suisse,...
Decentralization in DeFi is an illusion, BIS quarterly review concludes
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9 December, 2021

Decentralization in DeFi is an illusion, BIS quarterly review concludes

The Bank for International Settlements says decentralized finance (DeFI) could play a crucial role in the future of finance, but...
Bank of France: Digital currency regulations more urgent than CBDC
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3 December, 2021

Bank of France: Digital currency regulations more urgent than CBDC

The deputy governor of the Bank of France addressed the need for DeFi and digital assets regulations and expressed his...
BIS: CBDCs can slash the cost of cross-border remittances by 50%
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4 October, 2021

BIS: CBDCs can slash the cost of cross-border remittances by 50%

The BIS published the findings on a multi-CBDC project between central banks in Hong Kong, Thailand, China, and the UAE,...
BIS wants central banks to move faster with CBDC amid looming stablecoin pressure
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17 September, 2021

BIS wants central banks to move faster with CBDC amid looming stablecoin pressure

The head of the Bank for International Settlements has asked central banks to step up their efforts with CBDCs as...
Joint CBDC pilot unites Australia, Singapore, Malaysia and South Africa
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7 September, 2021

Joint CBDC pilot unites Australia, Singapore, Malaysia and South Africa

The reserve banks in each country have teamed up to trial a new platform for enabling cross-border transfers denominated in...
Swiss central bank completes CBDC trial, downplays DLT
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8 December, 2020

Swiss central bank completes CBDC trial, downplays DLT

While the trial demonstrated the feasibility of a wholesale CBDC, the bank claimed that distributed ledger technology has not yet...
Wholesale CBDCs ‘very likely’ powered by blockchain: BIS Innovation Hub
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25 November, 2020

Wholesale CBDCs ‘very likely’ powered by blockchain: BIS Innovation Hub

Tokenization of CBDCs makes settlements far quicker, easier and cost-effective, with a number of central banks around the world already...
Central bank digital currency should ‘follow customers’ needs’: BIS report
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5 March, 2020

Central bank digital currency should ‘follow customers’ needs’: BIS report

The BIS report analyzed the so-called “trade-offs” that would be required in designing central bank digital currencies.
BIS paper sees 51% attacks as reason to scrap proof of work
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28 January, 2019

BIS paper sees 51% attacks as reason to scrap proof of work

BIS paper sees 51% attacks as reason to scrap proof of work
Crypto prices strongly correlated with regulatory actions, study finds
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25 September, 2018

Crypto prices strongly correlated with regulatory actions, study finds

Crypto prices strongly correlated with regulatory actions, study finds