In 2020, the G20 leaders endorsed a roadmap to improve cross-border payments experiences and infrastructure. The goal was to make cross-border payments cheaper, faster, more transparent, and...
The Bank of Korea plans to launch a pilot program for its retail central bank digital currency (CBDC) in the fourth quarter of 2024. The program will...
The hallmark of stablecoins has been instability. In a paper published this week by the Bank of International Settlements (BIS), the analysis shows that with a...
As you read this, the very nature of money is being interrogated and experimentally reshaped. “There’s a huge global trend going on right now into...
There may be no room for crypto within banking or traditional financial services at all. And in fact, the Bank of International Settlements said in...
A new Bank of International Settlements (BIS) survey shows the increasing popularity of central bank digital currencies. The survey, released Monday (July 10), found that the share of central...
So far into 2023, there’s been cautious optimism from payment networks on card spending. Earnings results from Mastercard, Visa, American Express and others show that...
The Bank of International Settlements has set limits on banks’ exposure to crypto markets. An official announcement from the BIS issued Friday (Dec. 16) establishes...
A four-country test of a cross-border payments system using central bank digital currencies was a success, the Bank for International Settlements (BIS) declared last week,...