Central banks favor legacy instant payment systems over CBDCs
TradFi looks safe on the international payments market for the foreseeable future, despite advances in blockchain solutions.
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TradFi looks safe on the international payments market for the foreseeable future, despite advances in blockchain solutions.
Economic sanctions have a profound effect on international financial architecture, it turns out.
The Bank for International Settlements and the Financial Stability Board have similar views on tokenization — it could provide new benefits and familiar challenges.
The large private companies will work with seven central banks on improving structural inefficiencies in international transfers.
The proof-of-concept showed that real-time monitoring of stablecoin reserves could be achieved with cooperation among regulators, technologists and issuers.
The committee is unveiling the standards later in July, culminating a yearslong process.
The digital tenge has been used for everything from free school lunches to tokenizing gold, and there’s more to come. The digital tenge, Kazakhstan’s central […]
Should longer-term assets be allowed as reserve assets, the committee believes these must overcollateralize the claims of stablecoin holders. The Basel Committee on Banking Supervision […]
From legal issues to hackers, launching a CBDC is fraught with risks, and BIS has a big list of them to consider. Issuance of a […]
The Bank for International Settlement’s Project Tourbillon features two eCash prototypes, the first providing “unconditional payer anonymity” and the second being “more resilient” in security […]
