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CBDCs Can Slash Cross-Border Payments from Days to Seconds: BIS

In a pilot program explored using central bank digital currencies (CBDCs) to make cross-border payments, it was found th ...

|Sep 28, 2021
"Traditional Banking is Under Threat" Says Benoit Coeuré

According to Benoit Coeuré, head of the Bank for International Settlements' (BIS) Innovation Hub, key pillars of today's ...

|Sep 11, 2021
Australia, Singapore, Malaysia and South Africa Launch Cross-Border CBDC Pilot

The central banks of Australia, Singapore, Malaysia, and South Africa will collectively conduct a cross-border payment t ...

|Sep 2, 2021
BIS Gives Full Support to Central Bank Digital Currencies in its Report

The Bank for International Settlements (BIS), often called the central bank to the world’s central banks, has given its ...

|Jun 24, 2021
Bitcoin Could Put Risk to the Banking System: Basel Committee

The Basel Committee on Banking Supervision has proposed new rules for cryptocurrencies held by banks to ward off potenti ...

|Jun 11, 2021
Cryptocurrencies Should Face More Regulation, Says BIS’s Carstens

The general manager of the Bank for International Settlements (BIS), Agustín Carstens has said that cryptocurrencies are ...

|Mar 24, 2021
Federal Reserve Bank is Exploring Digital Currencies in US

The Federal Reserve Bank, central banking system of the United States, is now exploring digital currencies. This step ha ...

|Sep 24, 2020
BIS Issues Paper On CBDCs, Tokenised Securities And P2P Payments

Bank for International Settlements (BIS) issued a white paper focusing primarily on central bank digital currencies, tok ...

|Mar 2, 2020
Libra Not People's Choice, Central Bank's Currencies Are

Central Banks and not Libra like currencies owned by giant tech companies are people’s preferred choice when it comes to ...

|Feb 6, 2020