Bank for International Settlements

China, Thailand, UAE, BIS Test Cross-Border CBDC Payments
China, Thailand, UAE, BIS Test Cross-Border CBDC Payments
September 29, 2022  |  CBDC

The Bank for International Settlements (BIS) says it has carried out the first pilot of a central bank digital currency (CBDC) involving “four jurisdictions and...

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Sweden, Norway and Israel Central Banks Test Cross-Border CBDC Payments
Sweden, Norway and Israel Central Banks Test Cross-Border CBDC Payments
September 28, 2022  |  CBDC

The central banks of Sweden and Israel announced Wednesday (Sept. 28) that they will start exploring how central bank digital currencies (CBDCs) can be used...

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Global Regulators Call for Interoperable Stablecoins, CBDCs
Global Regulators Call for Interoperable Stablecoins, CBDCs
July 13, 2022  |  Regulation

The Bank for International Settlements (BIS) and the International Organization of Securities Commissions (IOSCO) published on Wednesday (July 13) their guidance on the application of...

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BIS Study Finds Lack of API Standards Is Cross-Border Payments’ Biggest Challenge
BIS Study Finds Lack of API Standards Is Cross-Border Payments’ Biggest Challenge
July 12, 2022  |  Cross-border Payments

The Bank for International Settlements (BIS) published on Friday (July 8) a report highlighting the benefits of interlinking arrangements and application programming interfaces (APIs) to...

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BIS Says CBDCs Can Do Anything Crypto Can, but Better
BIS Says CBDCs Can Do Anything Crypto Can, but Better
June 21, 2022  |  CBDC

Anything that crypto can do, central bank digital currencies (CBDCs) can do better. That is the broad conclusion reached by the Bank for International Settlements,...

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Today in TechREG: DOJ Urges to Strengthen Int’l Cooperation to Fight Crypto Crime, UK Wants Financial Regulators to Oversee Amazon, Microsoft Clouds
Today in TechREG: DOJ Urges to Strengthen Int’l Cooperation to Fight Crypto Crime, UK Wants...
June 08, 2022  |  Regulation

Today in TechREG, the United Kingdom has announced that it is planning to introduce legislation to give more powers to financial regulators to oversee nonfinancial...

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BIS Recommends Built-In Regulatory Framework for DeFi Blockchains
BIS Recommends Built-In Regulatory Framework for DeFi Blockchains
June 02, 2022  |  Blockchain

The Bank for International Settlements (BIS), the so-called central banks’ bank, published a report in May assessing how automated supervision could help regulate and supervise...

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BIS: Cross-Border Crypto Payments Need New Regulatory Framework
BIS: Cross-Border Crypto Payments Need New Regulatory Framework
May 20, 2022  |  Cryptocurrency

It’s been widely acknowledged that blockchain can dramatically cut the cost, speed and complexity of cross-border payments. But the monumental task of regulating that market...

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90% of Central Banks Working on CBDCs, BIS Reports
90% of Central Banks Working on CBDCs, BIS Reports
May 06, 2022  |  CBDC

Ninety percent of the central banks surveyed by the Bank for International Settlements are exploring the creation a central bank digital currency (CBDC). In addition,...

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